When you have income reported to you on a T4A slip, you need to enter your T4A first, then enter your expenses on the T2125 - Statement of Business Activities which has been created from your T4A entry.
Enter your T4A slip by going to Income > T-Slips > T4A - Pension, Retirement, Annuity. After you enter either Box 20 or 48 from that slip, you will need to go to Income > Self-Employment > Self-Employment Profile. Here you should see a check beside the box Professional, Commission and/or Other type of business.
Continue to the T2125 Business Summary page where you can choose to "edit" the business which shows your T4A income.
I have a similar situation income for online travel discounts but the T4A the commission is in box 028 and I have expenses? What is the process then?
@Jasmin- you will do the same as Kim said above and you will be able to continue in the T2125 and enter your business expenses.
Veronissimo
New Member
mipa5
New Member
techbabeshade
New Member
Clambuch
New Member
bskik2023
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.