Lines 13499 to 14300 – Self-employment income 

You may have self-employment income from a business, a profession, commission, farming or fishing.

Business income generally includes income from any activity you carry out for profit or with reasonable expectation of profit.

A business includes any of the following:

• a profession
• a calling
• a trade
• a manufacture
• an undertaking of any kind
• an adventure or concern in the nature of trade

Employment income is not business income.

For more information about calculating and reporting your self-employment income or loss, including capital cost allowance (CCA) and enhanced CCA for certain property, see Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income.

Completing your tax return

Report your gross and net self-employment income (or loss) on lines 13499 to 14300 of your return.

If you have a loss, show the amount in brackets.

If you received a government loan, the loan is not taxable. However, you must include in your business income any portion of the loan that is forgivable in the year received.

If you received a subsidy, you must report it on your return for the tax year that you are considered to have received it in.

A subsidy under the Canada Recovery Hiring Program (CRHP), Tourism and Hospitality Recovery Program (THRP), or Hardest-Hit Business Recovery Program (HHBRP) is generally considered to have been received on the last day of the claim period it relates to.

If your business year end is not December 31, 2025, you must file Form T1139, Reconciliation of 2025 Business Income for Tax Purposes, with your 2025 return.

Partnerships

If you were a limited or non-active partner, report your:

• net rental income (or loss) on line 12600
• net farming income (or loss) on line 14100
• other net income or losses on line 12200

If you were an active partner and received a T5013 slip, report on the appropriate lines of your return:

• the gross amounts from boxes 118, 121, 123, 125, and 127
• your share of the partnership’s net income (or loss) from boxes 101, 103, 116, 120, 122, 124, and 126

If you did not receive a T5013 slip, follow the instructions on the applicable self-employment form and report your share of the partnership’s net income (or loss) on the appropriate self-employment line of your return.

Attach a copy of the applicable self-employment forms or the partnership’s financial statement showing your income and expenses to your paper return.

If you have a tax shelter, see tax shelter.

Forms and publications

• Income Tax Package
• Guide RC4060, Farming Income and the AgriStability and AgriInvest Programs Guide
• Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income
• Form T1139, Reconciliation of 2025 Business Income for Tax Purposes
• Form T2042, Statement of Farming Activities
• Form T2121, Statement of Fishing Activities
• Form T2125, Statement of Business or Professional Activities