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New Member
posted May 9, 2022 4:19:05 PM

I don't know what is expected in adjusting professional income for work in progress. Work in-progress end of year, does this mean the last tax year?

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Moderator
May 10, 2022 1:29:54 PM

By "Work in-progress end of year" it means any Work in-progress that you had at the end of 2021 (if you are doing your 2021 tax return). This Canada Revenue Agency (CRA) page has more information on reporting Professional income: Part 3B – Professional income