If this is a T2125 you are talking about, you input all of the GST/HST that you collected in the first line. The second line is the total of all the GST that you remitted to the government. Make sure that you include the 1% of the first $30,000 in sales. The third line is where you input any GST owed to you multiplied by your GST/HST tax rate. Everything else goes into income. The quick method is more like commissions and the percentage you keep becomes revenue.
If this is a T2125 you are talking about, you input all of the GST/HST that you collected in the first line. The second line is the total of all the GST that you remitted to the government. Make sure that you include the 1% of the first $30,000 in sales. The third line is where you input any GST owed to you multiplied by your GST/HST tax rate. Everything else goes into income. The quick method is more like commissions and the percentage you keep becomes revenue.
Turbotax is confusing here. It should include the context/info provided on the tax forms.
https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/t2125/t2125-19e.pdf
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