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Level 1
posted Oct 31, 2019 1:04:05 AM

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 ?

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Moderator
Oct 31, 2019 1:04:06 AM

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.