Alrighty, so, I was a contracted artist at a game studio in my city, but they had some financial problems so I was laid off/they let my contract expire a couple of months ago
I need to file my taxes (I live in British Columbia, Canada) but this was my first job since graduating, so it's my first time filing taxes for income I earned through self employment (oh, how I wish I had been an employee and I just got a nice, simple, T4)
Anyhoo. To my understanding, I need to file a T2125?
But the form confuses me... like, do I file for business income or professional income?
The form seems to be set up to be more retail business friendly... so trying to understand how to fill it out is a bit frustrating.
Can anyone help?
I need to file my taxes (I live in British Columbia, Canada) but this was my first job since graduating, so it's my first time filing taxes for income I earned through self employment (oh, how I wish I had been an employee and I just got a nice, simple, T4)
Anyhoo. To my understanding, I need to file a T2125?
But the form confuses me... like, do I file for business income or professional income?
The form seems to be set up to be more retail business friendly... so trying to understand how to fill it out is a bit frustrating.
Can anyone help?
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