Business Income and Expense Worksheet for self-employed individuals
Are you a self-employed contractor or other unincorporated business? Please feel free to use our Business Income and Expenses Worksheet to compile your business income and expenses for the year. Once you've entered your information, the Excel spreadsheet can easily be sent to us to help us prepare your personal tax return which includes your business. If you are a GST/HST Registrant, these worksheets will help you summarize your GST or HST data for quarterly and annual report filings.
The spreadsheets are made available online to provide self-employed individuals with a user-friendly means to accumulate their business income and expense information for the year. Simply download the appropriate spreadsheet file, open it and begin to enter your data into the applicable rows and columns on the various tabs provided, as they apply to your circumstances. As you enter your information (from your receipts, payments, etc.), the worksheet automatically accumulates your raw data into useful, usable and informative summaries.
Any use of this file presumes your ability to enter data completely and accurately onto a spreadsheet. If you require my assistance to use this tool, you are welcome to contact me by phone or e-mail. However, my services will be charged at $150 / hour for any such assistance, with a minimum one-hour charge per call, payable by e-transfer in advance.
Employment Expenses Worksheet for employees (T4 slip) eligible to claim Employment Expenses
Many people are employed by someone else, but in the course of their employment activities incur expenses that are directly related and connected to the earning of their income. If this is you, and you are not reimbursed for some or all of those expenses, please feel free to use our Employment Expenses Worksheet to compile your allowable employment expenses for the year. Send the completed form to us to help us prepare your personal tax return and to claim the expenses that you are entitled. You will also need to obtain and send us Form T2200 Declaration of Conditions of Employment, completed and signed by your employer.
Any use of this file presumes your ability to enter data completely and accurately onto a spreadsheet. If you require my assistance to use this tool, you are welcome to contact me by phone or e-mail. However, my services will be charged at $150 / hour for any such assistance, with a minimum one-hour charge per call, payable by e-transfer in advance.
Rental Income and Expense Worksheet for individuals or couples who own a rental property or rent out a portion of their principal residence
If you own a rental property, or if you rent out a portion of your own home, please use the Rental Income and Expenses Worksheet to compile your income and expenses for the year. Once you've entered your information, the Excel spreadsheet can easily be sent to us to help us prepare your personal tax return which includes your rental property activities.
Any use of this file presumes your ability to enter data completely and accurately onto a spreadsheet. If you require my assistance to use this tool, you are welcome to contact me by phone or e-mail. However, my services will be charged at $150 / hour for any such assistance, with a minimum one-hour charge per call, payable by e-transfer in advance.
These Rental worksheets have been designed primarily for use in Ontario. If you choose to use them in provinces and territories other than Ontario, please be aware of sales tax differences that will occur.
