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New Member
posted Apr 26, 2021 7:37:38 PM

Annual Income Summary Form

If I don't have a T4, but I have an annual income summary form from my online business, where do I record this information? It contains a breakdown of my earnings (both in the states and canada) and my purchases. Note: all amounts are reported in canadian dollars.

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1 Replies
Level 6
Jan 25, 2022 11:14:43 AM

E-commerce is the delivery of information, products, services, or payments by telephone, computer, or other automated media. This definition includes the many kinds of business activities that are being conducted electronically. However, e-commerce is much more comprehensive than just purchasing goods and services electronically. At first please check the following link to make sure E-commerce applies to your business: 

E-commerce

To enter self-employment income in TurboTax:

  1. Select Find and enter self-employment, then select Go
  2. The Your Self-employment Profile page will appear
  3. Follow the steps to input your self-employment details

Further Information is available on the following links:

Self-employed individuals

Operating an E-Commerce Business: Canada Revenue Agency

Please contact our phone support team or contact us directly on Facebook or Twitter if you require further assistance.