Tax & Accounting
December 17, 2020
Deducting Home Office Expenses as an Employee in 2020
As a result of the pandemic, an unprecedented number of people are working from home. As a result, a correspondingly unprecedented number of people will deduct home offices expenses when filing their 2020 income tax returns. The federal government has promised to temporarily streamline the method of claiming the deduction. These temporary procedures will simplify the process for employed individuals, their employers, and presumably the CRA. The details of this simplified process are now available.