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Claiming utilities for two businesses ran in home
How would I claim my utilities (power, gas, phone, etc) for both businesses that I run out of my home in the same office? I ran both businesses all year last year. Would i just claim half & half for utilties?
March 18, 2024
5:51 PM
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Self-employed
Yes, since claiming the full amount twice would be frowned on by the Canada Revenue Agency (CRA) and may activate an audit should they request receipts.
Thank you for choosing TurboTax.
March 19, 2024
12:56 PM