How to File a Self-Employed Tax Return in Canada for FREE (Wealthsimple Tax Tutorial)
Self-Employed Tax Return in Canada | How to File with Wealthsimple Tax (Step-by-Step) Are you self-employed, freelancing, or earning income from a side hustle in Canada? If your business isn't incorporated, you're required to report that income on your personal tax return, but the good news is, you can also claim a wide range of business expenses to legally reduce your tax bill! In this step-by-step tutorial, I'll show you exactly how to file your self-employed income using Wealthsimple Tax for free. I'll walk you through which business expenses you're allowed to claim so you can maximize your deductions and keep more money in your pocket. ✅ What you'll learn: How to report self-employment & side hustle income in Canada Which business expenses you can legally claim on your return How to file your self-employed tax return for free with Wealthsimple Tax How to lower your tax bill as a freelancer or sole proprietor 📖 Chapters: 0:00 - Filing a tax return with self-employment income 0:45 - When you need schedule 2125 3:43 - Business expenses you can claim and deduct 7:40 - Net income and home office expenses 📺 Watch Next: TEDxTalk: http://thatswealthbuilding.com/tedtalk • How to File Your Tax Return Online for FRE... • Building a 7-Figure Tax Free Savings Accou... • Episode 55: My 2026 Goals 📕 Buy The Pink Tax: https://www.thatswealthbuilding.com/book 💻 Template Vault: https://www.thatswealthbuilding.com/p... 📈 The Wealth Lab Course: https://the-wealth-building-academy.t... 🔗 Affiliate Links: EQ Bank - Get $20 for free: https://join.eqbank.ca?code=JANINE3999 Rakuten - Get $30 free https://www.rakuten.ca/r/janinerogan?... Questrade - Invest affordably with Questrade: https://www.questrade.com/?refid=5ce9 Wealthsimple - $25+Invest free: https://wealthsimple.com/invite/CURDCA Tangerine: Open an account with code (35866784S1) and receive $50 for free: https://www.tangerine.ca/en/personal Willful: Get 10% of your will: https://willful.co/refer/W5BFX2 🙋♀️About Janine: https://www.thatswealthbuilding.com/a... ✉️ Newsletter: https://www.thatswealthbuilding.com/s... 📸 Instagram; / janinerogan 📲 TikTok: / janinerogan 💕 Pinterest: / hub 🔔 Subscribe to Janine Rogan | The Wealth Building Academy for more financial tips for women, investing insights, and wealth-building strategies: / @janinerogan

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