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March 7, 2024
Question

I am doing income tax with Turbo Tax Online, where do I report T5018 Statement of Contracts Payments. I am just the labourer.

  • March 7, 2024
  • 2 replies
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    2 replies

    March 7, 2024

    Are you using TurboTax Online or TurboTax Desktop/Download?

     

    Thank you for choosing TurboTax.

    March 8, 2024

                   Hello, I am using Turbo Tax Canada online, thankyou so much for your reply to help me with my questiion.

    TurboTaxSusan
    March 8, 2024

    To enter your T5018 information in TurboTax Online: 

    - Click on the “Find” icon and search for “Self”. Select “Self-Employment” and then click the “Go” button.

    - Select “Business” and click the “Continue” button.

    - Fill out any info that is necessary. You can enter the amount of Box 22 of your T5018 in the “Income” section. If you have more than one T5018, or have other income for the business that’s not on a slip, you can add it all together.

     

    May 15, 2025

    Did this work? Trying to add my husbands t5018 and it's not an option. This is stressful. The program seems different this year also.

    TurboTaxSusan
    May 15, 2025

    To enter your T5018 information in TurboTax Online 2024, search for “Self” on the Tax Home page (2024 tax return on the left), then select “Self-Employment”.

     

    Click on “Enter New Business”. Select “Business” and click the “Continue” button.  Fill out any info that is necessary. You can enter the amount of Box 22 of your T5018 in the “Income” section. If you have more than one T5018, or have other income for the business that’s not on a slip, you can add it all together.