What is the maximum amount that matthew can claim

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Question - Matthew Fisher is employed as a tax auditor. He teleworks and he is required, by contract, to maintain a home office. Matthew works at home most of the time and has been provided with a laptop computer and a fireproof safe to keep audit files secure. He has not been reimbursed nor given an allowance in connection with his home office expenses. The home office is about 10% of his residence. His costs for his home are:

House Insurance $2,000

Property Taxes 4,000

Heat, Hydro and Maintenance 5,000

Mortgage Interest 24,000

Required - What is the maximum amount that Matthew can claim as a deduction for the costs he incurred in respect of the home office?

(a) $0

(b) $500

(c) $1,100

(d) $3,500

Reference no: EM132987679

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