2025 Printable Template
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Form last updated: 03/2024. Please verify this is the current version before use.
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What is a T2125 used for?
Form T2125 is used by self-employed individuals and partnerships in Canada to report business income and expenses to the Canada Revenue Agency (CRA). Completing this form accurately is important as it affects tax liabilities and potential refunds.
Who needs to fill out a T2125 form
Self-employed individuals and partnerships in Canada who earn income from business or professional activities.
How to fill out a T2125 online?
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Frequently Asked Questions
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Form T2125 is used by self-employed individuals to report their business income and expenses to the CRA.
Self-employed individuals and partnerships earning income from business or professional activities must complete this form.
The form is due by June 15 of the year following the income tax year, but any owed taxes must be paid by April 30.
