Does TurboTax standard allow for both T4 and self ...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Does TurboTax standard allow for both T4 and self employment income entry, and be able to deduct expenses for the self employment portion?

Need to enter income from Skip the Dishes and deduct mileage as an expense.
1 Reply
Highlighted
New Member

Does TurboTax standard allow for both T4 and self employment income entry, and be able to deduct expenses for the self employment portion?

Yes, TurboTax allows for situations where you have both T4 slips and self-employed income.

That said, if you received a T4 from Skip the Dishes because you are considered an employee, and you wish to deduct motor vehicle expenses, you need to enter these expenses on a T777 Statement of Employment Expenses.

For the self-employment reporting, you need to report if on a business form (e.g. T2125).

v