HOME OFFICE DEDUCTIONS FOR MEDICAL PROFESSIONALS


Professionals may deduct a reasonable portion of the following home expenses: maintenance cost, electricity, heating, homeowners insurance, land tax, and mortgage interest attributed to the office.

CRITERIA


The criteria in order to claim home office expenses depends on whether the professional is incorporated or not.

Unincorporated professionals​​

​1) The home office must be the professional’s primary place of business. In other words, he or she must spend more than 50% of their work time there; 2) The professional must meet his or her clients or patients at the home.

Incorporated professionals

The home office must be the professional’s primary place of business. In other words, he or she must spend more than 50% of their work time there, even if the professional meets patients at a clinic or hospital and does not meet them at home.

1405 Transcanadienne, Suite 400, Dorval, (Qc) H9P 2V9

info@meditax.ca |   514.653.6334

MEDITAX