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April 14, 2025
Question

I am self employed and i do not have a business, but the guy a work for does have a business. Should i put that business as mine or what should I do? I work construction

  • April 14, 2025
  • 1 reply
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    TurboTaxAniqua
    April 15, 2025

    As an independent contractor, you are allowed to work for other businesses. You will only add your personal information—not the business information of others. 

     

    As a self-employed person, you can claim expenses when filling out T2125. Use the T2125 form to report either business or professional income and expenses. This form combines the two previous forms, T2124, Statement of Business Activities, and T2032, Statement of Professional Activities.

    Tax Deductions for the Self-Employed

     

    Thanks for choosing TurboTax.