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How do I Claim HOME OFFICE Expenses? What Can I WRITE-OFF if I WORK FROM HOME? How do I File My Tax Return in Canada? What Happened to the Flat-Rate Work From Home Credit? What is the T2200 Form? How Can I Reduce My Tax Bill? There are some big changes to Filing your TAX RETURN in Canada! We’re getting some new tax credits and losing others but the biggest change is the HOME OFFICE EXPENSES. Whether you work from home or work hybrid between home and the office, you can no longer claim the flat-rate work from home credit. You now must use the detailed method, including form T2200. It’s a bit more work but it can save you hundreds in taxes. Don’t leave that money on the table! 🇨🇦 CANADIAN TAX GUIDE - Playlist 🇨🇦 • Canadian TAX Guide How to FILE TAXES 🇨🇦 - TurboTax Walkthrough • How to FILE TAXES in CANADA | TURBOTAX Tut... 2024 TAX Changes 🇨🇦 • TAX CHANGES in CANADA for 2024 // TFSA, RR... 2024 CPP Changes 🇨🇦 • Huge CPP CHANGES in Canada // Canada Pensi... Will Your Paycheque go Up or Down? 💵 • Is MY Paycheque Going UP or DOWN in 2024??... TURBOTAX REFERRAL: 🇨🇦 Use my referral link to Get 15% OFF ANY TurboTax Product! 👇 https://www.tkqlhce.com/click-9191966... Remember the Tax Filing Deadline is April 30! QUESTRADE REFERRAL 🇨🇦 If you’d like to sign up for Questrade: my favourite online broker, use my referral link to get $50 of COMMISSION-FREE Trade Rebates for the first 30 days! That’s 10 free trades without any commission, $50 in savings! 👇 https://questrade.sjv.io/CANADIANTSHIRT Best SAVINGS ACCOUNT in 2024 - EQ BANK 🏦 Your emergency fund should be in a High Interest Savings Account and the best one in Canada right now is EQ Bank which offers up to 4% interest with no monthly fees and no minimum balance! Use my referral link below to sign up 👇 https://click.linksynergy.com/fs-bin/... BLOSSOM SOCIAL 🌸🇨🇦 Follow me on Blossom to see my Portfolio & Trades for FREE 👇 https://getblossom.onelink.me/SOfu/ad... WEALTHSIMPLE TRADE REFERRAL 💰 Join Wealthsimple and get a bonus of $5 to $3,000 when you sign up with my link 👇 https://wealthsimple.com/invite/P0A-UQ LOYALTY MEMBERSHIP ✨ Click the JOIN button or the link below to gain access to my exclusive content to see my full portfolio and what stocks I’m buying every month! 👇 / canadianinatshirt Thank you guys for supporting my channel, you’re the best! 🙏 WATCH NEXT ▶️ -How to Buy Stocks in Canada - • How to Buy Stocks? QUESTRADE Tutorial | On... -How Taxes Work in Canada - • HOW TAXES WORK IN CANADA | REDUCE YOUR TAX... -TFSA Mistakes - • TFSA MISTAKES in Canada to AVOID! // Tax F... -Year-End Tax Saving Tips - • CANADIAN Year End TAX SAVING TIPS / How to... -How to File Taxes in Canada - • How to FILE TAXES in CANADA | TURBOTAX Tut... -RRSP Explained Part 1 - • RRSP Explained Part 1 | Tax Deductions & C... -How to Build Wealth - • How to BUILD WEALTH in CANADA // 4 Steps t... -RRSP Mistakes - • RRSP MISTAKES in Canada to AVOID! // Tax F... -Pay Stub Explained in Canada - • My PAY STUB in CANADA // PAYROLL DEDUCTION... Be sure to subscribe to my channel for more videos on investing, Canadian taxes, personal finance and money saving strategies =) FOLLOW ME HERE: 👋 FACEBOOK: / canadiantshirt INSTAGRAM: / canadiantshirt TWITTER: / canadianshirt SKIP AHEAD ⏩ -Intro: 0:00 -File Your Tax Return: 0:13 -New Changes: 1:09 -Work From Home: Flat-Rate: 1:32 -Eligibility: 2:19 -Form T2200: 3:09 -Percentage of Home Use: 3:33 -Home Expenses: 4:04 -NOT Included: 4:51 FINANCIAL EDUCATION BOOKS 📚 -Wealthy Barber Returns - https://amzn.to/2MJ9cIe -How to Adult Money Canada Version - https://amzn.to/2F717ZT -Beat the Bank: Canadian Guide - https://amzn.to/37uqe54 -101 Tax Secrets for Canadians - https://amzn.to/2RrIuGS -Intelligent Investor - https://amzn.to/3qoI5nV -Making Money in Canadian Real Estate - https://amzn.to/2SKijw6 CAMERA GEAR 📸 -4K Camera - https://amzn.to/3aSHWEg -HD Camera - https://amzn.to/3puBZkT -LED Ring Light - https://amzn.to/2MKLDyC -Microphone - https://amzn.to/3aRdXMN DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decision! I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me. DISCLAIMER: Links included in this description may contain affiliate links. I will only ever suggest services or products that I use myself and I personally believe in. If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you! Thank you for supporting The Canadian in a T-Shirt! =) #TaxReturnCanada #CanadianTax #CRA #TurboTax #Wealthsimpletax #CanadianFinance #HomeOffice #Workfromhome