Your tax return and the working-from-home deduction

This notice is from the archives of The Notice Board. Information contained in this notice was accurate at the time of publication but may no longer be so.

Canadian personal tax returns are due April 30. Have you made a decision about claiming the work-from-home deduction yet? It's not too late. The following summary may help you decide, and determine if you need to request a T2200S form from the University before April 30.

Employees who worked from home during 2020 may be eligible to claim home office expenses on their 2020 personal tax return. It is the sole responsibility of an employee to determine their own eligibility to claim home office expenses, identify eligible expenses, complete calculations for a claim, and to reduce the claim by any amounts received or receivable from the University. The Canada Revenue Agency provides two methods – a simplified method of $2/day for eligible days or a detailed method where employees calculate a percentage of space and expenses, supported by invoices and area calculations. Electing to use the $2/day method does not require a T2200S form.

The detailed method requires employees have a T2200S Declaration of Conditions of Employment for Working at Home Due to COVID-19 completed by the University, provided they worked at least four consecutive weeks from home during 2020.  

To request a T2200S, fill out a short request form and the form will be emailed to you within five business days. This is only available until April 30 at noon. You can also request a form by emailing Kim Ordway with your legal first and last name, your U of L ID number, the University department you worked for during 2020 and confirmation you worked for the University during 2020 for at least four consecutive weeks from home.

Employees are encouraged to familiarize themselves with the eligibility requirements and options listed on the Canada Revenue Agency website at Home office expenses for employees. We have also created the 2020 Home Office Expense FAQ found within the Financial Services FAQs.

For more information about home office expenses & T2200S, please contact financial.services@uleth.ca.


Contact:

caroline.zentner | caroline.zentner@uleth.ca