2020 Income Tax forms now available

Tax information slips related to employment income and expenses for the 2020 tax year (T4, T4A and T2200/ TP-64.3-V) are now available through Carleton Central.

To access your tax information slips online, log into Carleton Central, click on ‘Employee Services’ and select ‘Tax Forms.’ Further information on accessing your slips can be found on the Payroll website.

Note: For 2020, Carleton University is required to report payments made during certain periods in 2020 on the T4 Slip.  You will see these displayed in boxes 57-60.  These boxes are required to help CRA validate payments under the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Response Benefit (CERB), and the Canada Emergency Student Benefit (CESB).

New for 2020 – Home Office Expenses

For 2020, the Canada Revenue Agency (CRA) has put in place a new temporary flat-rate method allowing an employee required to work from home to seek to deduct up to $400 in expenses for the year. Under CRA’s flat-rate method, eligible employees can claim $2 for each day worked from home in 2020 due to the COVID-19 pandemic, up to a maximum of $400. The flat-rate method requires no form and has no requirement to keep documents to support the claim.

As an alternative to CRA’s flat-rate method, there is a detailed method using a new CRA form called the “Declaration of Conditions of Employment for Working at Home Due to COVID-19” (T2200S) for employees seeking to deduct their actual employment expenses. There is an alternate form for Quebec residents (TP-64.3-V). A link to these forms can be found on the Tax Forms page of Carleton Central’s Employee Services tab.

The eligibility criteria for both methods are on the CRA website. Please note that Carleton cannot provide legal or tax advice regarding an employee’s eligibility or eligible expenses. Also note that you cannot claim any expenses reimbursed by Carleton.

For more information:

CRA Home Office Expenses Guide: canada.ca/cra-home-workspace-expenses