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I’m a Home based craft business and I have purchased Designs from the internet to use on my Signs. Where can I claim this on my tax expenses?
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I’m a Home based craft business and I have purchased Designs from the internet to use on my Signs. Where can I claim this on my tax expenses?
You will fill out the T2125 - Self-Employment form -Part 4 - line 8811. (Direct entry)
Downloaded version - Go to Formsview down at the bottom of the page, click on forms and do a form lookup for "T2125" form open, go to Part 4 -Expenses - line 8811 which is for Office Stationary & Supplies.
Keep all your receipts for furture reference if CRA requests them.
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I’m a Home based craft business and I have purchased Designs from the internet to use on my Signs. Where can I claim this on my tax expenses?
What version of software are you using? Online or downloaded?
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I’m a Home based craft business and I have purchased Designs from the internet to use on my Signs. Where can I claim this on my tax expenses?
They are individual svg files and I download them.
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I’m a Home based craft business and I have purchased Designs from the internet to use on my Signs. Where can I claim this on my tax expenses?
You will fill out the T2125 - Self-Employment form -Part 4 - line 8811. (Direct entry)
Downloaded version - Go to Formsview down at the bottom of the page, click on forms and do a form lookup for "T2125" form open, go to Part 4 -Expenses - line 8811 which is for Office Stationary & Supplies.
Keep all your receipts for furture reference if CRA requests them.