I am using TurboTax (TT) Home/Business product. My husband is an employee filing T1, etc and I am self-employed providing vet services. I am GST registered with CRA. I filled up T2125 and under section 3B “professional income”, assume I filled $100K for line 8 (gross professional fees including GST collected). Assume I filled $5K for line 9 (for GST collected). By doing this under TT and completing/netfiling using TT, can I assume that I no longer need to go separately to CRA website to file a GST return (to return the $5K GST collected back to CRA)? I am thinking that TT product is so good that it will handle both the tax I owe to CRA for my self-employment income as well as the return of the GST $ I collected from my clients on behalf of CRA. Is that correct?
Sorry, no. TurboTax can only handle income tax returns (T1 & T2). If you need to file a GST/HST return, you must do it through the CRA: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/gst-accoun...
JummyX
New Member
switchflaka
Level 3
sjgwalker
New Member
dianajw1
Level 3
Pretired
Level 1
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.