Do I include HST in Total Revenue on T2125 if I've completed my remittance? Or do I exclude any HST collected for both Total Revenue, and the HST collected box?

I've seen other postings, but they have conflicting answers. Some say to include the HST amount, and then write it in the next box as well; others not to include in revenue, and report in the next box; and others to not include HST amounts in anything if you've already remitted HST and claimed ITCs. I need clarification, as this affects balance greatly.

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1 Best answer

Level 7

Oct 30, 2019 11:24:31 AM

If you submit a GST/HST return, you can include it or not in the total revenue. If you include it, it gets removed at the next line. If you do not include it, that line is blank. (Basically so you do not get taxed on HST collected)

When entering your expenses, do NOT include HST.

Level 7

Oct 30, 2019 11:24:31 AM

When entering your expenses, do NOT include HST.

Returning Member

Apr 13, 2021 1:22:12 AM

So, Im assuming the best way is to not include it in gross revenue (3A) but enter the gst/hst separately in the box just below (3B) as long as you are remitting an gst/hst return. Yes?

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Do I include HST in Total Revenue on T2125 if I've completed my remittance? Or do I exclude any HST collected for both Total Revenue, and the HST collected box?