Canadian PSA: If you’re an employee who worked from home, you can claim a home office credit
Don’t forget to get your money (max: $400) for home office expenses if you’re an employee who worked from home for more than 50% of the year, for at least FOUR CONSECUTIVE WEEKS.
Applicable ONLY to your 2020 taxes!
Some notes:
The new temporary flat rate method simplifies your claim for home office expenses. You are eligible to use this new method if you worked more than 50% of the time from home for a period of at least four consecutive weeks in 2020 due to the COVID-19 pandemic.
You can claim $2 for each day you worked from home during that period plus any additional days you worked at home in 2020 due to the COVID-19 pandemic. The maximum you can claim using the new temporary flat rate method is $400 (200 working days) per individual.
Post a comment