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Form t2125 can also be used to report business income and expenses from self employed commission sales.
Revenue canada income and expenses statement. This form combines the two previous forms t2124 statement of business activities and t2032 statement of professional activities. On your statement of income and expenses report the rental income you earned in the calendar year from january 1 to december 31. We also accept this information on other types of financial statements. You do not have to use form rc376.
We recommend you use form rc376 taxpayer relief request statement of income and expenses and assets and liabilities for individuals to provide full financial disclosure. To report business or professional income and expenses we encourage you to use form t2125. Forms listed by number cra rc376 taxpayer relief request statement of income and expenses and assets and liabilities for individuals for best results download and open this form in adobe reader. If you received income from renting real estate or other real property you have to file a statement of income and expenses.
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