Income Tax for Small Business and Real Estate

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.

Class 1 – Real Estate

Class 2 – Small Business

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

PLEASE BRING A LAPTOP TO CLASS

Offering 1WS25: Thursdays, Mar 6 to 20 2025, 6:00pm to 9:00pm, Credo Christian High School 21846 52 Ave Langley

Offering 2WS25: Saturdays, Apr 5 to 12 2025, 10:00am to 3:30pm, Credo Christian High School 21846 52 Ave Langley

Instructor: Robyn Maltais