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New Member
posted Jan 18, 2023 7:54:34 AM

I am self employed and starting my own small business. I am only getting paid through cash and e transfer, how do I file my taxes?

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1 Replies
Moderator
Jan 18, 2023 9:45:19 AM

Cash and e-transfers will be entered as income as seen below.

To Enter Self-Employment income (T2125 - Business Statement) in TurboTax Online:

1. In the upper-right corner of your screen, select Find (magnifying glass).

2. In the Find window, type in “self” and select “Self-Employment”. Click the “Go” button.

 

Here are some TurboTax articles to help you on your way: 

Filing Taxes as a Self-Employed Small Business Owner 

The Beginner’s Guide to Self-Employed Taxes

 

Here are some TurboTax YouTube videos: 

TAX TIPS for Side Gigs/Freelance Work 

TAX TIPS for Self Employed

 

For our TurboTax self-employed software please see: Self-Employed taxes

 

Thank you for choosing TurboTax.