Work-from-home expense claims for 2020
Canada Revenue Agency has released new guidelines related to work-from-home expenses. For the 2020 tax year, you can choose one of two options to claim a deduction:
- Temporary Flat-Rate Method:
You can deduct a fixed dollar amount of $2 for each day you worked from home due to the COVID-19 pandemic, up to a maximum of $400.
*Note: You don’t need to keep receipts to support the amount claimed or complete a T2200S form. - Detailed Method:
You can claim a deduction for eligible out-of-pocket home-office expenses (not reimbursed) during the period you worked from home. You must have receipts to support the claim.
*Note: You must submit a to T2200SForm@ontariotechu.ca by Friday, February 12 for signature by Brad MacIsaac, Vice-President, Administration or Jamie Bruno, Assistant Vice-President, Human Resources.
Additional resources:
*Note: You are responsible for choosing your claim option and completing all necessary claim forms. The university cannot provide any guidance on completing the CRA tax forms and related calculations.
