T2200S tax forms for UBC-employed faculty and staff were made available earlier this month. As this is a new tax form created by the Canada Revenue Agency (CRA) it's understandable that there are questions in the community about what the form is for and how it is used to deduct home office expenses.
Please remember that the T2200S form relates to one of two new options created by the CRA for claiming home office expenses in the 2020 tax year on personal tax returns. There are valuable resources to help users understand both options, as well as the T2200S form, on the Claiming Employment Expenses page, including:
- HR Network News