Ask Yourself

Ask yourself the following:

• Do you operate a business out of your home?
• Is the space set aside for exclusive use in the business or is it the principal place of business?
• Is the taxpayer required by the employer to provide a home office?
• Is the home office the primary place where you perform your duties of employment or is it used on a regular and continuous basis for meeting customers?
• Do you have a completed Form T2200?
• What portion of the home is used for business purposes?
• Should the expenses be prorated on any other basis?
• What are amounts spent for: utilities, maintenance and repairs including light bulbs and cleaning supplies, rent, insurance, property taxes, mortgage interest