Calculate the maximum amount Lora can claim

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Question - Lora is employed as an Accountant for a large company and is required by contract to maintain an office in her home. She works most of the time at her home. She has not been provided with any reimbursement in connection with her home office, which occupies 20% of the squire footage of her home. She incurred the following cost to maintain her entire home last year.

Mortgage interest $ 18,000

House insurance 1,600

Property tax 2,850

Heat 1,420

Hydro 650

Maintenance 2,000

Office Supplies 400

Telephone (General Line) 770

Required - Calculate the maximum amount Lora can claim for the cost she incurred in respect for her home office?

Reference no: EM132577951

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