T4 Information

sindhu_hegde — Fri, 04 Apr 2025 04:01:16 GMT

I am a student trying to file taxes on my own. I have received a T4 slip from the university as I did a honorarium based role for them which amounts more than $500 in the service fee column of the document. The filing system is asking me to input what kind of service I provided with options being- Business Fess, Professional fees, Commission fees, Farming fees and fishing fees. If I select any of the first two, it is considering me as self-employed and asking me to add all the information regarding that. But I don't think I am self-employed. So how do I navigate through this?

Re: T4 Information

TurboTax_Susan — Sat, 05 Apr 2025 23:36:03 GMT

If you've entered an amount from any of the boxes on the slips listed here, you have what the CRA considers to be self-employment or business income:

T4 slip: box 81, 82 or 83
T4A slip: box 20 or 48
T4A slip: box 28 and you answered Yes to the question Does the income declared in Box 028 consist of fees collected for services you provided? in TurboTax Online
T3 slip: box 24 (foreign business income)

If you have an amount in any of these boxes, TurboTax will ask additional questions to report the income as self-employment/business income. You only need to answer basic information, such as business name and address (can be your own), industry code, and fiscal period (Jan 01 to December 31).

topic T4 Information in Filing

T4 Information

Re: T4 Information