kellvis
New Member

Does anyone know what T1 and T2125 forms are? We are self employed and usually report our business income and expenses on our individual tax returns. Thanks!

 

Self-employed

The T1 is the main form of a Federal personal income tax return. You can read more about it on this blog post: https://turbotax.intuit.ca/tips/how-to-get-a-copy-of-a-t1-general-return-10743

 

The T2125 form is where you would report self-employment income. You can read more about it on this blog post: https://turbotax.intuit.ca/tips/t2125-tax-form-declare-income-and-expenses-from-a-business-or-profes...

 

If you have TurboTax Live Assist & Review, here is how to talk to a Tax Expert: https://turbotax.community.intuit.ca/community/navigating-turbotax/help/i-m-using-turbotax-live-assi...