T1204 - Government service contract payments

The T1204 slip is the summary of government service contract payments information issued by all federal government departments, agencies and Crown corporations to an individual, partnership, small business or corporation that provides goods or services under contract.

Although the program does not generate the T1204, you declare your income as self-employment income in the program using Form T2125, so that you can claim eligible expenses in return for contract payments regarding this self-employment income.

To do this:

1- In the "Left side menu on the interview tab", select "Interview setup" and on the screen to your right, in the  "Self-employment income" icon, check the box  "Self-employment business income" and then click "Next "at the bottom of the page.
2- Return to the "Left side menu on the Interview tab" select "Self-employment income" and on the page to your right choose the option that corresponds to your situation.

For more information, consult Guide T4002, Business and Professional Income, by clicking on the link below:


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