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I can not locate the T2125 Statement of Business Or Professional Activities. Where might I locate this so I can calculate business-use-of home expenses?
I'm using Self-employed 2024. Each year has been a challenge to find T2125 but I have found nothing but a link to the CRA website for a PDF, which I can not import into Turbo tax, so exactly what am i getting for Self-employed 2024?
Sunday
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Self-employed
The T2125 form is broken down into multiple screens of questions inside TurboTax under the "Self-employment" section. You can go to Self-employment by either finding "Self-employment" card on your Tax Home, or by searching "T2125" or "Self-employment" in the search bar.
In the Self-employment steps, you will first answer a few questions on basic info, income, then you will arrive at "Select the types of expense you have", where you can add "home office expense". Select "Add", continue to next step then click "Start" the Home office expense on the next page.
Wednesday