If you have income on a T4A in Box 20 for your Realtor Commissions, you'll need to complete the T2125 - Statement of Business Activities that the T4A income has transferred to.
Enter the T4A first, then go to the Self-Employment section in TurboTax and choose to "edit" the business statement where this commission income has been transferred to. In the expenses section of this statement, you can enter these amounts as "Management or Administration Fees" or under "Other Expenses" and specify what they are for.
For added information please see our TurboTax article Real Estate Agents and Income Taxes.
If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.
Sign In
Canada (English)
EN
