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I have a completed T2200 from my employer due to the home office requirements for my job. For "Percentage (%) of home being used for personal purposes" I have entered 10%. For simplicity I have entered (for now), $10,000, under the line items "Total home expenses incurred (both business and personal use)". When I generate my results I am expecting to see a $1,000 tax credit. Instead I am seeing $9,000 which seems to be interpreting the 10% as non-office use and 90% is office use. This seems straightforward to me and would assume many have completed this schedule before. Appreciate any insight or advice. Thank you, Julian.
Hello! I'm self-employed workinf from home. So, in ufile online, in Self-employment income -> Home office expenses there are following fields: "Portion (%) of home that is used for personal purposes" - I know what it is, not a problem. but "*Percentage of heat and light expenses that is attributable to the personal use portion" - what does it mean?? And how to calculate this? Can anyone clarify this for me? Thank you!