*** Transcriber's Note: Please set your voice synthesizer to read most punctuation. When you encounter the caret sign at the end of a line, please enter the applicable information, if necessary. *** T777 E (11) (Front) Canada Revenue Agency STATEMENT OF EMPLOYMENT EXPENSES Guide T4044, Employment Expenses, has information to help you complete this statement and the schedule on the back. The chapters we refer to below are chapters in the guide. Include a copy of this form with your return. Expenses Line 8862: Accounting and legal fees ^ Line 8520: Advertising and promotion ^ Line 1 and line 9281: Allowable motor vehicle expenses (from line 16 below) ^ Line 8523: Food, beverages, and entertainment expenses (see Chapter 2 or 3, as applicable) ^ Multiplied by 50% = ^ Line 9200: Lodging ^ Line 8910: Parking ^ Line 8810: Supplies (for example, postage, stationery, other office supplies) ^ Line 9270: Other expenses (please specify) ^ Line 1770: Tradesperson's tools expenses (see Chapter 7) ^ Line 9131: Apprentice mechanic tools expenses (see Chapter 7) ^ Line 1776: Musical instrument expenses (see "Part 2" in Chapter 6) ^ Line 1777: Capital cost allowance for musical instruments (see "Part A" on the back of this form) ^ Line 9973: Artists' employment expenses (see "Part 1" in Chapter 6) ^ Line 2: Subtotal ^ Line 9945: Add work-space-in-the-home expenses (enter the lower amount of line 24 or 25 below) ^ Line 9368: Total expenses (enter this amount on line 229 of your return) ^ Calculation of allowable motor vehicle expenses Line 3: Enter the kilometres you drove in the tax year to earn employment income ^ Line 4: Enter the total kilometres you drove in the tax year ^ Enter the motor vehicle expenses you paid for: Line 5: Fuel (gasoline, propane, oil) ^ Line 6: Maintenance and repairs ^ Line 7: Insurance ^ Line 8: Licence and registration ^ Line 9: Capital cost allowance (see schedule on the back) ^ Line 10: Interest (see "Interest expense" in Chapter 8) ^ Line 11: Leasing (see "Leasing costs" in Chapter 8) ^ Line 12: Other expenses (please specify) ^ Line 13: Add lines 5 to 12 ^ Line 14: Employment-use portion (line 3 ^ divided by line 4) ^ multiplied by line 13 = ^ Line 15: Enter the total of all rebates, motor vehicle allowances, and repayments for motor vehicle expenses you received that are not included in income. Do not include any repayments you used to calculate your leasing costs on line 11. ^ Line 16: Allowable motor vehicle expenses (line 14 minus line 15) ^ Enter the amount from line 16 on line 1 in the "Expenses" area above. Calculation of work-space-in-the-home expenses Line 17: Electricity, heat, and water ^ Line 18: Maintenance ^ Line 19: Insurance (commission employees only) ^ Line 20: Property taxes (commission employees only) ^ Line 21: Other expenses (please specify) ^ Line 22: Add lines 17 to 21 Subtotal ^ Line 23: Subtract personal-use portion ^ Subtotal ^ Add amount carried forward from previous year ^ Line 24: Subtotal ^ Enter your employment income ^ Subtract the amount from line 2 above as well as any amount from line 207 and line 212 of your return that relates to this income ^ Line 25: Subtotal (if negative, enter "0") = ^ Work-space-in-the-home expenses available to use in future years (line 24 minus line 25; if negative, enter "0") ^ T777 E (11) (Back) CAPITAL COST ALLOWANCE (DEPRECIATION) SCHEDULE FOR EMPLOYEES For information to help you complete this schedule, see the section called "How to calculate capital cost allowance" in Chapter 9 of Guide T4044, Employment Expenses. *** Transcriber's Note: In print, Part A was set-up in a columnar format with 2 entry lines for each column. Please read as: *** Part A – Classes 8 and 10 Line 1: Column (1) Class number*: 8 Column (2) Undepreciated capital cost at the beginning of the year ** ^ Column (3) Cost of acquisitions during the year ^ Column (4) Proceeds of disposition during the year ^ Column (5) Undepreciated capital cost after acquisitions and dispositions (column 2 + column 3 minus column 4) ^ Column (6) Adjustments for current-year acquisitions (one-half multiplied by (column 3 minus column 4)) (if negative, enter "0") ^ Column (7) Base amount for capital cost allowance claim (column 5 minus column 6) ^ Column (8) Rate 20% Column (9) Capital cost allowance (CCA) for the year (column 7 multiplied by column 8, or a lesser amount) ^ Column (10) Undepreciated capital cost at the end of the year (column 5 minus column 9) ^ Line 2: Column (1) Class number*: 10 Column (2) Undepreciated capital cost at the beginning of the year** ^ Column (3) Cost of acquisitions during the year ^ Column (4) Proceeds of disposition during the year ^ Column (5) Undepreciated capital cost after acquisitions and dispositions (column 2 + 3 minus column 4) ^ Column (6) Adjustments for current-year acquisitions (one-half multiplied by (column 3 minus column 4) (if negative, enter "0") ^ Column (7) Base amount for capital cost allowance claim (column 5 minus column 6) ^ Column (8) Rate 30% Column (9) Capital cost allowance (CCA) for the year (column 7 multiplied by column 8, or a lesser amount) ^ Column (10) Undepreciated capital cost at the end of the year (column 5 minus column 9) ^ * Class 8 includes musical instruments. Class 10 includes all vehicles that meet the definition of a motor vehicle, except for a passenger vehicle included in Class 10.1 (see "Part B" below). ** This amount must be reduced by the portion of any goods and services tax/harmonized sales tax (GST/HST) rebate received in the year that relates to CCA on the vehicle or musical instrument. Part B – Class 10.1 - For details about the Class 10.1 limits, see Chapter 9 of Guide T4044, Employment Expenses. - List each passenger vehicle on a separate line. *** Transcriber's Note: In print, Part B was set-up in a columnar format with 3 entry lines for each column. Please read as: *** Line 1: Date acquired ^ Cost of vehicle ^ Column (1) Class number: 10.1 Column (2) Undepreciated capital cost at the beginning of the year * ^ Column (3) Cost of acquisitions during the year ^ Column (4) Proceeds of disposition during the year ^ Column (5) Base amount for capital cost allowance claim ** ^ Column (6)Rate 30% Column (7) Capital cost allowance (CCA) for the year (column 5 multiplied by column 6, or a lesser amount) ^ Column (8) Undepreciated capital cost at the end of the year (Column 2 minus column 7, or column 3 minus column7) *** ^ Line 2: Date acquired ^ Cost of vehicle ^ Column (1) Class number: 10.1 Column (2) Undepreciated capital cost at the beginning of the year* ^ Column (3) Cost of acquisitions during the year ^ Column (4) Proceeds of disposition during the year ^ Column (5) Base amount for capital cost allowance claim** ^ Column (6) Rate 30% Column (7) Capital cost allowance (CCA) for the year (column 5 multiplied by column 6, or a lesser amount) ^ Column (8) Undepreciated capital cost at the end of year (column 2 minus column 7, or column 3 minus column 7)*** ^ Line 3: Date acquired ^ Cost of vehicle ^ Column (1) Class number: 10.1 Column (2) Undepreciated capital cost at the beginning of the year* ^ Column (3) Cost of acquisitions during the year ^ Column (4) Proceeds of disposition during the year ^ Column (5) Base amount for capital cost allowance claim** ^ Column (6) Rate 30% Column (7) Capital cost allowance (CCA) for the year (column 5 multiplied by column 6, or a lesser amount) ^ Column (8) Undepreciated capital cost at the end of year (column 2 minus column 7, or column 3 minus column 7)*** ^ TOTAL: (add all the amounts for column 7 - Capital cost allowance) ^ * This amount must be reduced by the portion of any GST/HST rebate received in the year that relates to CCA on the vehicle. ** a. Enter the amount from column 2 in column 5 if you owned the vehicle in the previous year and still owned it at the end of the current year. b. Enter one-half of the amount from column 3 in column 5 if you bought the vehicle in the current year and still owned it at the end of the current year. c. Enter one-half of the amount from column 2 in column 5 if you sold the vehicle in the current year and you owned the vehicle at the end of the previous year. d. If you bought and sold a Class 10.1 vehicle in the current year, enter "0" in column 5 for that vehicle. *** Enter "0" in column 8 for the year you sold or traded a Class 10.1 vehicle, since the recapture and terminal loss rules do not apply. Privacy Act, Personal Information Bank number CRA PPU 005