Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

I worked for 51 talk in China, teaching students at home as a contractor. How do I enter this income and deductions as it isn't a business, but has expenses?

 
1 Best answer

Accepted Solutions

I worked for 51 talk in China, teaching students at home as a contractor. How do I enter this income and deductions as it isn't a business, but has expenses?

If you want to report business expenses, you'll need to report your income as business income (self-employed) on the T2125 form. Don't worry, you don't need anything special to do this; Enter your own name and address as your business name and address and choice the industry code that best describes the kind of work you do.

View solution in original post

1 Reply

I worked for 51 talk in China, teaching students at home as a contractor. How do I enter this income and deductions as it isn't a business, but has expenses?

If you want to report business expenses, you'll need to report your income as business income (self-employed) on the T2125 form. Don't worry, you don't need anything special to do this; Enter your own name and address as your business name and address and choice the industry code that best describes the kind of work you do.