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Statement of Business or Professional Activities (T2125) For James income tax return fill out: Part 3A Business income Part 3C Gross Business or professional
Statement of Business or Professional Activities (T2125) For James income tax return fill out: Part 3A Business income Part 3C Gross Business or professional income Part 3D-Cost of goods sold and gross profit Part 4-Net income before adjustments (the result should agree to the reconciliation you completed in part 1) You will need to complete the CCA form titled: Area A Calculation of capital cost allowance (CCA) - Now fill out the rest of the tax return starting at step 2-Total Income. Don't forget to include your gross self-employment income on line 13499 and net business income on line 13500 in Step 2. Provincial tax $1,424.41 LINE 42800- NO NEED TO CALCULATE Scan all documents: T2125 Statement of Professional Activities (incl CCA form) T1 General and upload into Canvas under Bonus Assignment #3 Check figure for Tax balance owing = $857.84
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