Day Trading Via Incorporation

[Jeeva]

CRA will consider Day Trading via Incorporation as Active Income ? and will be allowed for SBD ?

[TurboTax-Duncan]

Hi, thank you for using the Intuit turboTax Community

Generally investment income is considered passive income and therefore not eligible for the SBD. There are exceptions. The following Canada Revenue Agency link has more information:

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4012/

t2-corporation-income-tax-guide-chapter-4-page-4-t2-return.html#P2883_209821

Hope this helps