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posted Sep 26, 2020 12:23:12 PM

Can I file as self-employed with an incorporated business, as well as have no paperwork showing no personal income was made?

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1 Replies
Level 6
Sep 28, 2020 6:48:32 AM

Hi, thank you for using Intuit TurboTax Community

The corporation must file a T2 tax return every year.  An individual files a T1 return reporting income for the year. The two are separate, the corporation can pay shareholders dividends or employees, employment income, but the corporations income is not directly reported by shareholders

Hope this helps