courier income being considered self-emlpoyment... which line do you enter on, or is it cosidered business income?



I have copied below a link  for the Business and Professional Income guide that you can refer to for detailed information.

From the guide - the Business and business income is defined as:

A business is an activity that you intend to carry on for profit and there is evidence to support that intention.
A business includes:
*  a profession;
*  a calling;
*  a trade;
*  a manufacture;
*  an undertaking of any kind; and
*  an adventure or concern in the nature of trade (for more information, see Interpretation Bulletin IT-459, Adventure or Concern in the Nature of Trade).
Business income includes income from any activity you do for profit. For example, income from a service business is business income. However, you do not include employment income as business income.

I believe courier services will fit one of the above categories and you should be able to report this income as "Self Employment Income" to write off the expenses if any.  My suggestion is that you call CRA as well to get a final ruling.

Hope the above helps.
Was this answer helpful? Yes No
1 additional answer

No answers have been posted

More Actions

People come to ProFile for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach: