Employees who have worked from home more than 50% of the time in a period of at least four consecutive weeks in 2020 due to COVID-19 will be eligible for the home office expense deduction for the 2020 tax year.<\/p>\n
A new temporary fixed rate method will allow eligible employees to claim a deduction of $ 2 for each day they worked from home during that period, as well as $ 2 for each additional day they worked from home in 2020 in 2020. due to COVID-19, up to $ 400. Also, using this method, they will not have to get a T2200 or T2200S form completed and signed by their employer.<\/p>\n
In order to simplify the process for employees choosing the detailed method, the Agency today launched simplified forms (T2200S and T777S) as well as a calculator specially designed to facilitate the calculation of home office expenses. Employees who have worked from home more than 50% of the time in a period of at least four consecutive weeks in 2020 due to COVID-19 will be eligible for the home office expense deduction for the 2020 tax year. A new temporary fixed rate method will allow eligible employees to claim a deduction of…<\/p>\n","protected":false},"author":2,"featured_media":10510,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[23,1],"tags":[28,22],"class_list":["post-10512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","category-miscellaneous","tag-news","tag-slider"],"acf":[],"_links":{"self":[{"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/posts\/10512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/comments?post=10512"}],"version-history":[{"count":0,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/posts\/10512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/media\/10510"}],"wp:attachment":[{"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/media?parent=10512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/categories?post=10512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/svstoptax.com\/en\/wp-json\/wp\/v2\/tags?post=10512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nhttps:\/\/www.canada.ca\/…\/tax-return…\/calculate-expenses.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"