Lines 13499 to 14300 – Self-employment income 

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

Business income includes income from any activity that 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), see Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income.

Completing your tax return

Report your gross and net income (or loss) from self-employment income on lines 13499 to 14300 of your return. If you have a loss, show it in brackets.

If you received a government loan, the loan is not taxable but you have to 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.

You have to file Form T1139, Reconciliation of 2024 Business Income for Tax Purposes, with your 2024 return to keep a year-end that does not finish on December 31, 2024.

Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income, includes information you may need to calculate your self-employment income, including enhanced capital cost allowance (CCA) calculations for certain property (for example, eligible zero-emission vehicles purchased after March 18, 2019).

If you were a limited or non-active partner, report your net income (or loss) from rental operations on line 12600 of your return and your net farming income (or loss) on line 14100 of your return. Report other net income or losses on line 12200 of your return.

If you were an active partner and received a T5013 slip, report on your return the gross amount from box 118, box 121, box 123, box 125 and box 127. Report your share of the partnership’s net income (or loss) from box 101, box 103, box 116, box 120, box 122, box 124 and box 126 on the applicable lines of your return.

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 applicable self-employment line of your return.

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

If you have a tax shelter, see tax shelter.

Forms and publications

• Income Tax Package
• Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income
• Form T1139, Reconciliation of 2024 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