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vantershe
Returning Member

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

we are both self employed and claim home offices. on our T2125 do I include the full amounts for Insurance,mortgage interest,maintenance,etc for each of us? or do I divide the amounts in half and use that? obviously heat and electricity will be different amounts but we split the other costs 50/50

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Accepted Solutions

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

Then you each fill in your own T2125, while splitting the amounts respectively between the two of you.

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5 Replies

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

Do you both share the same office or are separate within the home?
vantershe
Returning Member

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

No,it's a duplex with separate addresses.we each have our own offices in our own house but generally split the building expenses.so in totals for house expenses do I use half and half or the total spent on our taxes?
vantershe
Returning Member

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

thanks.

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

You're most welcome. Have a good day.

How do i split the expenses claimed on home office with my daughter who lives upstairs as co-owner?

Then you each fill in your own T2125, while splitting the amounts respectively between the two of you.