T1204: Government Service Contract Payments
The T1204 slip is issued by federal departments, agencies, and Crown corporations for service contract payments made to individuals, partnerships, small businesses, or corporations. A T1204 slip might be issued to you for payments that were more than $500 in the year (excluding GST/HST or provincial/territorial tax).
Note: The payer is only required to submit the T1204 slip to the Canada Revenue Agency (CRA) but might send you a copy. Be sure to keep a record of all the payments you received from the government for services and/or goods you provided.
If you received the T1204 slip, you will need to complete the T2125: Statement of Business or Professional Activities form to determine the amount of taxable income to report on your tax return.
Where do I enter this?
Follow these steps in H&R Block’s 2024 tax software:
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On the left navigation menu, under the Credits & deductions tab, click Tax Topics.
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Select the Self-employment income & expenses checkbox.
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At the bottom of the page, click Add selected topics to my return.
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Click the Employment tab on the left navigation menu.
- Under the BUSINESS AND SELF-EMPLOYMENT INCOME heading of the Employment and self-employment page, select the checkbox labelled Statement of business or professional activities (T2125), and click Continue.
- Enter the amount reported in box 82 or box 84 of your T1204 slip as revenue in the Income section on the T2125 page.
