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posted Oct 30, 2019 12:49:55 PM

Hi I have a T4 slip and also a freelance income for 2017 of under $5,000. What form do I use? Thnx :)

I'm a writer who submits stories and gets paid sometimes. My income for these stories is in both USD and CAD currency.

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Level 13
Oct 30, 2019 12:49:56 PM

You would enter in your T4 and for your freelance income you would fill out a T2125 for self employment income for tax purposes and when you claim your USD income you need to convert it to CDN first.

T2125 is found under the Income Tab - Self-Employment and you start from there. Ensure the "Identification" part of the form is filled out correctly as it may prevent you from Netfiling.

1 Replies
Level 13
Oct 30, 2019 12:49:56 PM

You would enter in your T4 and for your freelance income you would fill out a T2125 for self employment income for tax purposes and when you claim your USD income you need to convert it to CDN first.

T2125 is found under the Income Tab - Self-Employment and you start from there. Ensure the "Identification" part of the form is filled out correctly as it may prevent you from Netfiling.