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February 25, 2024
Question

I am trying to fill T2125 form. I own a corporation and when I filed my corporation taxes, I paid myself a salary of 29,500. Where in the T2125 form should this go?

  • February 25, 2024
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    1 reply

    TurboTaxSusan
    February 25, 2024

    If your company is incorporated, then you would not use the T2125, as that is for unincorporated businesses. If your corporation paid you a salary, then it should provide you with a tax slip, and you would enter that on your personal tax return.