Gross Professional Income LINE 13699 is $8000 less than total self-employed income that I entered into TurboTax. Why?

[Jeaninthewest]

With past returns filed via TurboTax, why is the amount on LINE 13699 (Gross Professional Income) less than the amount I entered within TurboTax self-employed section when asked for my total professional income?

[TurboTaxAniqua]

Line 13699 (Gross Professional Income) on a Canadian tax return may appear lower than the total you entered if TurboTax has separated your gross income from expenses or if it is excluding HST/GST/QST collected from your gross revenue. It's important to remember that only the revenue earned, not the sales tax collected, should be reported as gross income.

**Net vs. Gross:** Ensure you haven't accidentally entered your net income (revenue minus expenses) in the gross income field.

**Sales Tax (HST/GST):** If you are registered for GST/HST, the gross income reported on Line 13699 should not include the taxes you collected on behalf of the CRA. TurboTax typically asks for the total amount received and then calculates the portion that constitutes actual revenue.

**T4A Slip Auto-population:** If you manually entered your income but also imported a T4A slip (Box 48), TurboTax may have duplicated or incorrectly categorized the income, which could lead to confusion.

**Multiple Sources:** If you have multiple business or professional activities, Line 13699 will only display the total for one T2125 form; the income from additional sources will appear on lines 13700–14300.

To verify the accuracy, check your T2125—Statement of Business or Professional Activities—in the tax return review section to ensure the "Gross sales, commissions, or fees" line aligns with your expectations, excluding any taxes.

Guidelines for Reporting Self-Employment Income

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