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posted Apr 15, 2024 11:53:00 AM

Why is self-employed income twice the actual?

reported income $11835.00 with home expenses percentage allowed $2067.74 = $9767.26. Net self-employed income reports as $19534.52. double the actual.

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1 Replies
Moderator
Apr 15, 2024 12:02:35 PM

Was you self-employment income reported on a T-slip? If so, you don't need to enter the amount again in the income part of the self-employment section. It should already automatically be there in its own box.