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How do I claim my yoga income and deductions.?

I work part time as an employee (Civil Engineer) of an engineering firm and then work as a yoga instructor which is considered a private contractor.
1 Best answer

Accepted Solutions

How do I claim my yoga income and deductions.?

A private contractor means that income is self employed income.  Click "Income" then "Self Employment" then "Business or Professional Activities."  You would select the first option, "Professional, Commission, and/or Other type of business" and then follow the prompts to enter your income and expenses.

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14 Replies

How do I claim my yoga income and deductions.?

Do you have T-slips for any of these income amounts? In each job, were you considered an employee or self-employed?
Stella11
Returning Member

How do I claim my yoga income and deductions.?

I don't have t-slips for these jobs.

How do I claim my yoga income and deductions.?

Then you are self employed.
Stella11
Returning Member

How do I claim my yoga income and deductions.?

Thanks. What industry code would I use to describe yoga instructor?

How do I claim my yoga income and deductions.?

Try 812190.   That is "other personal services."

How do I claim my yoga income and deductions.?

A private contractor means that income is self employed income.  Click "Income" then "Self Employment" then "Business or Professional Activities."  You would select the first option, "Professional, Commission, and/or Other type of business" and then follow the prompts to enter your income and expenses.

How do I claim my yoga income and deductions.?

what are the deductions I could claim from running small business from my home

How do I claim my yoga income and deductions.?

As you continue through the Self Employment section, you will get to the Business Use of Home portion.

How do I claim my yoga income and deductions.?

can I make a claim even though I didn't make any money in 2016