Question

Sold a pre-sale condo for a loss, how to claim as business income in turbotax self employed?

Forum|Forum|4 years ago
March 27, 2022
1 reply
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CRA wants you to claim as business income if you make money. How do you claim using turbotax if you lose money?

To enter self-employment/business income in TurboTax Online:

Select Find (or the magnifying glass icon) from the top right of the page.
Enter “Self” in the Find window.
Select “Self-Employment” from the list of results and click the Go button.

Please use “Business” as your self-employment category when you are asked.

Please see this TurboTax FAQ for more information about filing as self-employed: Self-employment Centre

Thank you for choosing TurboTax.