This year I collected additional income by operating a consulting business outside of my regular full-time employment. Is TurboTax Self-Employed an equal alternative to completing a T2125 form or do I still have to fill out a separate formal T2125 on my own?
Also, my tax situation is so simple, that 95% of this form is blank. First year of business, small supplier, likely not continuing my services, already paid my EI/CPP premiums through my regular employment. I've only included my income and a few small business expenses (no fixed assets). Is that going to be an issue? I can't help but look that this and think that I'm missing something.