Self-employment - PartnerIf you are self-employed but have one or more partners in your business, you must take this information into account in the program and indicate the share of ownership of your partner or partners in your business. To do so, please follow the steps below:
1- On the "Self-employment income" heading from the "Left side menu of the Interview tab", once you've completed the appropriate subsections, select the subsection "Partners".
2- On the screen to your right, you are provided with two choices: "Spouse co-owner of this business" or "Other partners or co-owners of this business".
If your partner is your spouse, select "Spouse co-owner of this business". You must choose whether to generate or not the statement of business income for the spouse from the drop-down menu.
Enter your partner's share of ownership in the business in percentage.
However, please note that if your spouse has expenses that differ from yours, or if you claim the home office expenses, you cannot generate the income statement for his/her business. You must enter all your spouse's information in his/her file, as you did for your file.
In the case of another person, choose "Other partner or co-owner of this business" and enter the information about your partner.
If you have multiple partners, at the bottom of the page on the right, click the sign which is located between "Previous" and "Next", that take you back to the "Left side menu on the Interview tab" and choose subsection "Partners" to add another page.
NOTE: The SIN of each partner is mandatory to produce the Quebec return, if applicable.
ID: 20211004202439DE.xml
Webpage: KPA320-20211004202439DE.htm