You'll see the following error message in H&R Block’s 2016 tax software if on your T4: Statement of remuneration paid page, you entered an amount in Box 81 but did not complete form T2125: Statement of business and professional activities:
Because you entered an amount for box 81 on the T4 page, you also need to report business or professional income in the T2125: Statement of business and professional activities form. To find the T2125 form, click the Prepare tab and check the I worked for myself box on the LET'S TALK ABOUT 2016 page, then click the Continue button. The T2125 form is under the BUSINESS AND SELF-EMPLOYMENT INCOME heading. [error code: 260]
How do I fix this?
To correct the error, complete the T2125: Statement of business and professional activities form. If your T4 paper slip has an amount entered in Box 81, you must enter this amount on the T4 page and on the T2125 form in the tax software. The amount in Box 81 is the gross income you received during the year as a placement or employment agency worker, and this must be reported as business or professional income on your tax return.
Note: To enter your T4 slip into the software, go to the QUICK ENTRY tab and click on the QUICK SLIP icon. Enter "T4" in the search field and either click the highlighted selection or press Enter to continue. Form T2125 can be found under the EMPLOYMENT icon of the PREPARE tab, provided that you select I worked for myself on the LET'S TALK ABOUT 2016 page.
