What is a T2125 Statement of Business or Professional Activities form?

The T2125 form is used to report your business income and expenses, including self-employed commission sales. Your net business income is posted to your general income and benefit return and included in your taxable income. You must complete a separate T2125 for each business.

Subscribe to our tax tips newsletter.

Get the latest tax news to your email.

By clicking the Subscribe button, you consent to receiving electronic messages from H&R Block Canada regarding product offerings, tax tips, and promotional materials. You can withdraw your consent at any time by emailing us at unsubscribe@hrblock.ca