Tax resources for Canada-based hosts
Learn what’s new, access your tax info, and discover helpful resources
Nervous about navigating tax season? Download this comprehensive tax guide for Turo hosts, brought to you by our tax consultants, with lots of important info about filing taxes for your car sharing business. Learn how to handle tax write-offs, manage receipts, claim deductions, and more.
How to access your tax info
Visit your Turo account and navigate to the “Tax information” page to view a detailed breakdown of your earnings, tax forms, and definitions of key terms.
Watch our Tax Tips for Turo Hosts webinar for tax advice from the team at H&R Block, plus answers to common questions. Learn about incorporating your business, registering for GST/HST, deductible expenses, and more.
Unadjusted gross sales (what we’re calling “gross earnings”), is defined as transactions without adjustments for credits, fees, reimbursements, or any other amounts.
In other words, the “gross earnings” value, reported on your “Tax information” page, is the total amount of the transactions processed by Turo and hasn’t been reduced by Turo fees, plus any other payment received from Turo (i.e. host incentives). So your gross earnings reported will always exceed the total amount you received from Turo.
You can access a breakdown of your annual earnings on your "Tax information" page. On your “Transaction history” page, you can obtain specific transaction details from the receipts from your individual trips or download your entire transaction history.
Gross earnings include trip earnings, Turo fees, host incentives, and host cancellation fees, but don’t include reimbursements. On the other hand, your earnings chart shows your trip earnings and reimbursements, but doesn’t include Turo fees, host incentives, or host cancellation fees. The gross earnings value is only used for tax reporting purposes.
Canadian income tax reporting slips are not required for Canadian hosts receiving payments from Turo Inc. (US entity). Canadian hosts should refer to the earnings tax summaries provided by Turo when preparing their tax returns.
Turo articles
Official CRA resources
*Information in this document is for general purposes only and does not constitute tax, legal, or other professional advice and must not be used as such. Please talk to your licensed tax professional for any and all tax advice. **Terms and conditions may apply.