Statement of business or professional activities (T2125 and TP-80)

If you were self-employed in 2022, use the T2125: Statement of business or professional activities form to report your income and expenses for the year.

Note: If you’re filing a Québec tax return, you’ll also have to complete a TP-80-V: Business or professional income and expenses in Québec form. Fortunately, the T2125 and TP-80-V forms are combined in H&R Block's tax software.

As a self-employed individual, you have until June 15, 2023 to file your return. However, if you owe taxes to the government, you will need to pay it by April 30, 2023. If you and your spouse are preparing your returns together and only one of you is self-employed, you can still file both returns by June 15th as long as any balance owing is paid by April 30, 2023.