I retired in 2018 and have revenue from a registered home based business. I have approximately $30,000 in revenue. Am I required to claim that amount as personal income?

495

Level 13

Oct 30, 2019 7:33:37 PM

The CRA requires you to report ANY income earned in Canada. Yes, you would report that income (not on a T4) in the Self-Employment section of your return.

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I retired in 2018 and have revenue from a registered home based business. I have approximately $30,000 in revenue. Am I required to claim that amount as personal income?