Got another question for ya!
What can I claim on my taxes as home office expenses?
I don't have a separate room for an office so I use a space in my living room when working at home. Would this also make a difference?
Hey Julie. In essence, any non-capital expenses related to your home can be pooled together, and a portion of those pooled expenses can be deducted as a home office expense. For example, if your house was 2,000 square feet and your home office was 200 square feet, you could claim 10% of the total pooled home expenses. Examples of eligible expenses are: mortgage interest, property taxes, rent, utilities, repairs and maintenance, insurance, etc.
