Skip to main content
March 14, 2022
Question

My business is teaching music privately. Do I have to separate the tax from my fee?

  • March 14, 2022
  • 1 reply
  • 0 views
No text available

    1 reply

    March 14, 2022

    Professional fees should include the total amount you received or will receive in sales, and fees for your fiscal period. This includes money, credits, or the value of goods or services received in a barter transaction (including GST/HST or PST).

     

    When including your income in our Online software, there is a separate box to put your taxes if they are included in the total income as seen in the image below. 

     

    For more information please see: TurboTax video: Master Self-Employed Taxes with TurboTax

                                                           TurboTax article: The Beginner’s Guide to Self-Employed Taxes

     

    Thank you for choosing TurboTax.