Hi, this year I earned my income through my own business, which has been incorporated. The pay that I received didn't include a t4 or t4 slip. Am I self-employed?
02553
2 Replies
TurboTaxSusan
Moderator
May 30, 2020 5:04:24 PM
You would not file as "self-employed" if your business is incorporated. All the business' income and expenses would be reported on a separate T2 return. So, you would need to report your personal income from the business in a different way, but it would depend on how you paid yourself. You said you didn't get any t-slips - did your company formally pay dividends to you or did you just take the money as "owner's drawings" ?