Charles Ghadban Accounting - Resources - Home Office Expenses Statement


HOME OFFICE EXPENSES STATEMENT

Name _______________________________	S.I.N. __________________	Year ______

Total area of house (square footage)	__________

Area of house used for business purposes (square footage)	__________


Expenses:
Heat	_______________
Hydro	_______________
Water	_______________
Insurance	_______________
Security	_______________
Property Taxes	_______________
Rent OR Mortgage Interest (if self-employed)*	_______________
Repairs and Maintenance (minor expenses such as snow removal, lawn care, etc.)
Other (specify): ___________________________	_______________

* Please provide your mortgage statement, if your financial institution has supplied this information.

IMPORTANT NOTICE: Home office expenses can only be claimed if an area of your home is your principal place of business, or the space is used exclusively for the purpose of earning income from this business and is used on a regular and continuous basis for meeting clients, customers, or patients.