If I own share in a corporation and am also employee of the corporation, am I employed or self employed?

There are other share holders in the corporation

posted

1 Reply

If I own share in a corporation and am also employee of the corporation, am I employed or self employed?

Hi there,

It sounds like you are holding stocks in your company however, that would not qualify you as self-employed.

The company stocks would be counted as investments.

For more details, please check out this article on our community hub: https://turbotax.intuit.ca/tips/how-are-security-options-benefits-calculated-and-taxed-6262

Kindly reach out if you have any additional questions.

Best,

Kim