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New Member
posted Oct 30, 2019 4:15:27 AM

Turbo tax opens both the T777 and the T2125 forms. Do I complete the same information in both?

Wife is a Scentsy Independent Consultant, and we are trying to put her self employed expenses in the correct place.

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Level 13
Oct 30, 2019 4:15:28 AM

For her Scentsy business, she will use the T2125 form. 

The only time you fill out the T777 form is if she was employed by a company and they provided her with a T2200 form, which would then be translated on the T777 form. 

Otherwise as a self employed individual, she is simply to complete a T2125.

2 Replies
Level 13
Oct 30, 2019 4:15:28 AM

For her Scentsy business, she will use the T2125 form. 

The only time you fill out the T777 form is if she was employed by a company and they provided her with a T2200 form, which would then be translated on the T777 form. 

Otherwise as a self employed individual, she is simply to complete a T2125.

Returning Member
Mar 17, 2021 10:46:19 AM

Thanks for clearing that up. I had a question closely related: As a self employed actor/performer, filling out the T2125 I am question deductions - I am claiming agents fees, I am wondering if I can claim the "non-union work permit" which is significant?  And then if I did claim this, would the amount of deductions be too much? ... as I read elsewhere that the amount may have to be less than 20% (as below):

 

If you meet the requirements for employed artists, you’re able to deduct the lesser of these three amounts:

  • The expenses you actually paid for the year in 2018
  • $1,000
  • 20% of your employment income from artistic activities