Why am I being asked to "Indicate whether this is the final year of activity of your business"?
One of the alerts that came up near the end of the process was to indicate whether this is the final year of activity of your business. I don't own or run a business, so I'm not too sure where Turbo Tax is getting the impression that I do. How do I check to make sure this is a false-positive and safe to ignore?
032060
1 Best answer
Delphision
New Member
Oct 29, 2019 10:36:09 PM
Apparently, you either had some self-employment, which is considered business income, or you had a T4A that triggered a T2125, which is a business component of the return.
3 Replies
Delphision
New Member
Oct 29, 2019 10:36:09 PM
Apparently, you either had some self-employment, which is considered business income, or you had a T4A that triggered a T2125, which is a business component of the return.
wardrich
New Member
Oct 29, 2019 10:36:11 PM
I did fill out a few T4A forms, so it must be one of those. I'll review them and take it from there. Thanks! (I'm pretty sure you help me out at least once a year haha).