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posted Jun 23, 2020 1:49:44 PM

income from bookkeeping part time work

i have a significant amount of money that i have received as part of part time bookkeeping services offered by me  ,besides i have other employment income too how do i report this income from bookkeeping in my personal tax return please advice

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1 Replies
Employee Tax Expert
Jun 25, 2020 3:47:36 PM

Income that you earn from providing bookkeeping services is classified as self-employment income for income tax purposes. You report the self-employment income on the same return you use to report your employment income. For more information please see:

How to Declare Business Income