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Can I file as self-employed with an incorporated business, as well as have no paperwork showing no personal income was made?
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‎September 26, 2020
12:23 PM
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Self-employed
Hi, thank you for using Intuit TurboTax Community
The corporation must file a T2 tax return every year. An individual files a T1 return reporting income for the year. The two are separate, the corporation can pay shareholders dividends or employees, employment income, but the corporations income is not directly reported by shareholders
Hope this helps
‎September 28, 2020
6:48 AM