Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

My business was incorporated in 2017, there is no activity on that business, I am also employed .....whats your advice just file T4 ? or both T2 and T4 ?

 
1 Reply

My business was incorporated in 2017, there is no activity on that business, I am also employed .....whats your advice just file T4 ? or both T2 and T4 ?

All resident (Canadian) corporations — including non-profit organizations, tax-exempt corporations, and inactive corporations — have to file a T2 return for every tax year, even if there is no tax payable. So you would have to submit a T2 for your corporation and a T1 for your personal income tax.