Lines 135 to 143 - Self-employment
income
Report on the appropriate lines your gross and net income (or loss) from self-employment. If you have a loss, show it in brackets.
You have to file Form T1139, Reconciliation of 2018 Business Income for Tax Purposes, with your return for 2018 to keep a year-end that does not finish on December 31, 2018.
Note
You may have to make Canada Pension Plan contributions on your
self-employment earnings. See Line 222 of this guide.
Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income, contains more information you may need to help you calculate your self-employment income.
If you were a limited or non-active partner, report your net income (or loss) from rental operations on line 126 of your return and your net farming income (or loss) on line 141 of your return. Report other net income or other losses on line 122 of your return.
If you were an active partner and you received a T5013 slip, report on your return the amount from boxes 118, 121, 123, 125, and 127. Report your share of the partnership's net income (or loss) shown in boxes 101, 103, 116, 120, 122, 124, and 126 on the applicable line of your return. If you did not receive this slip, follow the instructions on the applicable self-employment form and report your share of the partnership's net income (or loss) on the applicable self-employment line of your return.
For more information, call the CRA business enquiries line.
If you have a tax shelter, see "Tax shelters" at the end of Step 2 - Total income of this guide.
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