Self-employed

According to the Canada Revenue Agency (CRA), expenses for training is considered "Other Expenses". We can easily report these expenses as self-employed through the Statement of Business or Professional Activities on TurboTax Online. To start:

> Sign into TurboTax Online, choose your tax return for the year.

> On the left navigation pane, click Income, then Self-Employment, then Statement of Business or Professional Activities

> Here is your summary for your businesses. Choose the "Edit" button beside the business that you are trying to report expenses to.

> Choose "Business Expenses"

> You want to hit Continue a few times until you can get to the Other Expenses, and report the figure there in the box.

Make sure to hit Continue so that your information is saved.

For more information, check out: Canada Revenue Agency (CRA) - Training Costs

 

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