Beyond the Basics – Small Business and Rental Property

Description

Are you self-employed? Own a small business or real estate/rental property? Maybe you’re thinking of starting a small business! Learn how to organize your income and receipts for filing your T1 Income Tax return. Using Studio Tax software, learn how to organize your receipts and where to enter the amounts on the T2125 (Statement of Business or Professional Activities) Students will learn how to claim expenses for automobile use, how to calculate the amount to claim for your home office, how to understand and complete the T776 (Rental Income),  and what expenses you can use.

Prerequisite: MUST have completed “Just The Slips – Basic Personal Income Tax” OR have previous basic income tax knowledge.

PLEASE BRING A LAPTOP TO CLASS

Offering 2F24: Wednesdays, Jan 15 to 29 2025, 6:30pm to 9:30pm, FVCE Classroom #204, 20621 Logan Ave Langley

Offering 2AF24: Wednesdays, Jan 15 to 29 2025, 6:30pm to 9:30pm, via Livestreaming

Instructor: Robyn Maltais