I'm self-employed and have a non-capital loss from leveraged trading. Since my business revenue cannot be negative, how would I file my loss? Do I file as other expenses?
I'm self-employed and have a non-capital loss from leveraged trading. Since my business revenue cannot be negative, how would I file my loss? Do I file as other expenses?
As per the Canada Revenue Agency(CRA), you have to file your income tax as a Self-Employed only. you can refer below the CRA and TurboTax links for more detail: