What is Form TL2?
Form TL2, Claim for Meals and Lodging Expenses, is designed for transportation employees to report meal and lodging costs incurred while working away from home. This form enables employees to claim these expenses on their income tax returns, ensuring they receive the deductions they qualify for. It consists of three parts: employees fill out parts 1 and 2 to detail their trips and expenses, while part 3 is completed by their employer to verify the information provided.
What is Form TL2 used for?
Form TL2 is essential for specific workers who travel for their jobs. Here's what it’s used for:
- Claiming Meal Expenses: Deduct up to $23 per meal when working away from home.
- Claiming Lodging Expenses: Deduct costs for lodging during work-related travel.
- Eligibility: For transport workers like truckers and bus drivers away from their home terminal for over 12 hours with unreimbursed costs.
- Record Keeping: Maintain detailed records and receipts for verification.
How to fill out Form TL2?
- 1
Complete Part 1: Enter your last name, first name, social insurance number, period of employment, and method of calculation.
- 2
Fill out Part 2A: Provide details on the number of days, trips, average hours per trip, home terminal, and away from home terminal.
- 3
Report meal expenses in Part 2B: Total the amount paid for meals and subtract any non-taxable amounts received.
- 4
Report lodging expenses in Part 2B: Total the amount paid for lodging and subtract any non-taxable amounts received.
- 5
Calculate the allowable claim by adding the meal and lodging subtotals.
- 6
Attach additional sheets if needed for complete expense recording.
- 7
Keep receipts to support your claim for CRA inquiries.
Who is required to fill out Form TL2?
Transport employees and their employers are responsible for completing Form TL2. Employees fill out Parts 1 and 2 to detail their trips and expenses, while employers complete Part 3 to endorse the logs.
Transport employees use Form TL2 to document work-related meal and lodging expenses incurred while traveling for their jobs, helping them reduce their taxable income.
When is Form TL2 not required?
Form TL2 isn't required for employees who don't travel away from their home terminal or incur unreimbursed meal and lodging expenses. Additionally, if an employee claims travel expenses under paragraph 8(1)(h) of the Income Tax Act, they cannot use Form TL2 for that tax year.
When is Form TL2 due?
The deadline for Form TL2 is April 30, 2024, for individuals and Quebec residents. Self-employed individuals must file by June 15, 2024. Corporations with a filing due date after March 18 and before June 1 should submit by June 30, 2024. Keep in mind that other deadlines may vary depending on the type of taxpayer.
How to get a blank Form TL2?
To get a blank Form TL2, simply visit our platform where you’ll find the form ready to fill out. The Canada Revenue Agency issues this form. Remember, while we help you fill and download it, our website does not support filing.
How to sign Form TL2 online?
To sign Form TL2, Claim for Meals and Lodging Expenses, you can use an electronic signature if it meets certain criteria set by the Canada Revenue Agency (CRA). This signature should be applied in the presence of the other party or sent through a secure electronic location both parties know. PDF Guru allows you to fill out the TL2 form and create a simple electronic signature, but remember to check for the latest updates on signature requirements. After completing the form, download it for submission elsewhere.
Where to file Form TL2?
Form TL2, Claim for Meals and Lodging Expenses, does not need to accompany your tax return. However, retain a copy for CRA inquiries.
You can claim these expenses on line 22900 of your income tax return. Submit the form through tax software or by mail if required.
