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: 

If I am an employed lobster fisherman and not the business owner, how do I file my taxes correctly? I have gone though multiple times and keep getting errors at the end.

 
1 Reply

If I am an employed lobster fisherman and not the business owner, how do I file my taxes correctly? I have gone though multiple times and keep getting errors at the end.

As per our TurboTax article: Fishing Income and Business, you would only use the T2121 Statement of Fishing Activities to report Fishing income when you are working as either a self-employed fisherman or as a part of a fishing partnership, and not when you are employed by a fishing company. In your case, you are not the owner but an employee, therefore, you would submit your income tax return as a regular taxpayer, and not as a self-employed person. Hence, you only need to enter the T4 slip given to you by your employer.

 

If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.