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Designate personal services income in a T2

by Intuit Updated 1 year ago

There is no checkbox in ProFile to designate your corporation as a personal services business. There are two places where you would enter personal services business income:

  • On the T2 jacket, either in box 432 for Canadian-controlled private corporations, or;
  • On box 434 for other corporations


Once this is added, add the personal services business income onto line 520 of the Schedule 7.


ProFile Tax

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