TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

Is there a way to make short term investment gains from regular brokerage account to my sole propriety business income for 2024?

Forum|Forum|1 year ago
March 18, 2025
1 reply
0 views

No text available

No, not if you are a sole proprietor (self-employed). If you are a sole proprietor and had an investment account in the name of your business, it would be reported on your tax return as if it was in your name. A sole proprietor reports business income and expenses on Schedule C as part of the personal tax return. But there is no place to report capital gains and losses from a brokerage account as business gains or losses.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"