Self-employed taxes - How to report T4A Box 48 self-employment income on T2125?

If you receive a T4A with Box 48 amount, you have self-employment income. This means you have to complete the form T2125 Statement of Business or Professional Activities. In this video, I will discuss how to report T4A Box 48 income on T2125 using UFile.

References:

In the event of any discrepancies between this video and the CRA website/ documentation, the CRA website/ documentation will prevail. This video is for educational purposes only. You are responsible for your tax return. Watching this video does not make you my client. I have no liability or responsibility over your tax return.

[Chuuzus]

Hello can I report my youtube income without the 1042-s form from google? i deleted my google payments profile so i can't get the form but i have kept track of how much i was paid throughout the year

[MujeebMalek-uf]

Hi Zoey thank you so much for your information that was amazing

[kamkamrouz]

Thank you Zoey for the great video. What about when a self-employed him/herself is issuing a T4 for a employee helper, where does this go in T2125, of course already registered for a payroll account with CRA?

[PhillipRegton]

Can you make a new version of this video with better audio you only have a employment version I want to self employment one if possible

[celinacaputi]

Hello Zoey, I have T4A with an income in box 48. I know I will need to fill out a T2125 form but the issue for me is that it was contact work, I don't run a business so what am I to do about that? Ufile won't let me submit until I have the T2125 form filled in.

[Embf]

Hello thank you for your video, Could you help with a quick question? My T4 came box 22 and Box 48, The box 22 Income tax deducted – line 43700 what should I do, reduce the amount in Box 48 or put in some Expense?

[chanbb]

Hi Zoey, thanks for your video.
If I am a private tutor, should I create by myself the T4A slip for each client? Thanks.

[PbSimer]

Hey i got t4A From skip the Dishes about $1000
Amount of $1000 was mentioned in Box 20 Self employed commissions and have to out in line 13899/13900 but when my accountant did my taxes he put that amount in box 48 and line 13499/13500
So is it ok or have to amend my taxes ?
Do you think cra will be ok with this because buisness name was written correctly as well and T2125 was also filled
Please reply Thanks

[sandyro]

hi zoey. i am wondering if you can help me out?