After the recent announcement of the Revised 67 Cent Fixed Rate Method, the recent changes might leave me ineligible to claim deductions this year?
The bills (electricity, gas, internet) that I want to claim as deductions are not in my name and paid by parents. Currently living at home.
For the Fixed Rate Method, would any of the following arrangements be acceptable?
1 - I transfer the bill amount (e.g. $80) to the parents who still pay the bill. I could produce a bank statement or bank transfer receipt that shows the amount I transferred to the parents for the relevant billing period, or if I'm making up for past billing periods multiple bills amounts together.
2 - Have my name on the bill instead.
3 - Bill stays in the name of the parents, but I pay the whole bill.
As an aside for the Actual Cost Method, I'd imagine the bills situation is the same for this method?
Also, how do you capture each appliance's energy usage rate? Is there a central reference table that's used or just trying to find the info for each exact specific appliance? When trying to calculate deductions.