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Webinars - Share My Lesson
Created and maintained by the American Federation of Teachers, Share My Lesson is a community of teachers, paraprofessionals and school-related personnel, specialized instructiona
TaxTips.ca - Self-employment Losses
TaxTips.ca The Facts on Tax Business -> Filing your return -> Carrying Back Self-Employment Losses Follow TaxTips.ca: Add us as a preferred source on Google. If you are self employed and had a loss for tax purposes in your latest tax year, the loss can be used to reduce other income on your tax return. The loss from self employment may be a business loss, or it may be a property loss, such as from a rental. If you had no other income against which to offset this loss, you can carry back this non-capital loss to any of the prior 3 taxation years. To do this, you have to file a form T1A, "request for loss carryback". See the article on changing your tax return. For carry-forward periods, see non-capital losses. When tax software is used to prepare your tax return, the request for loss carryback can be completed and filed as part of the tax return.
Materials from the LessonPix Sharing Center
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Phoenix financier Keating, of 'Keating 5' scandal, dies at age 90
It became part of a financial and real-estate empire Keating built by taking advantage of loose government restrictions on banking investments.
