- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My wife's self employment business office at home had all the home office expenses claim provided a calculated deduction of zero. Is this it because she has a loss?
Topics:
May 1, 2021
7:14 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self-employed
The answer is yes.
- As per CRA, The amount you can deduct for work-space-in-the-home expenses is limited to the amount of employment income remaining after all other employment expenses have been deducted.
- You cannot use workspace expenses to create or increase a loss from employment.
If you require further assistance please contact our phone support team for further assistance or contact us directly on Facebook or Twitter.
Thank you for using TurboTax.
December 19, 2021
5:37 PM