Self-Employed Tax Return Checklist
Filing an accurate and complete tax return is always a challenge for self-employed taxpayers. Taxpayers must know all about the allowable deductions and expenses to minimize their tax payments. Use this checklist to prepare all necessary information for your tax return. Please contact us should have any questions related to your tax filing.
General Information
Copy of your previous tax return if you are a new client with us
Business name
GST/HST number
Business address
Business main product or service
Gross Business Income
Your total gross business income (net of GST/HST)
Purchase of materials
Subcontracts
Advertisement
Meal and entertainment
Bad debts
Insurance
Interest
Business tax, fees, licenses, dues, and memberships
Office expense
Office Stationery and Supplies
Professional fees
Management and administration fees
Rent
Maintenance and repairs
Salaries, wages, and benefits
Travel expense
Telephone and utilities
Internet
Delivery, freight, and express
Other expenses
Business-use-of-home expenses
Heat
Electricity
Insurance
Maintenance
Mortgage interest
Property taxes
Other expenses
Percentage of personal usage
Motor Vehicle Expenses
The kilometres you drove in the tax year to earn business income
The total kilometres you drove in the tax year
Gas
Interest if you are financing your vehicle
Insurance
License and registration
Maintenance and repairs
Leasing cost if you are leasing your vehicle
Other expenses (please specify)
Business parking fees
Supplementary Business Insurance
Assets used in your business
Vehicle
Computer
Equipment
Others