Filing Income Taxes in Canada on a Business Account as a Seller

Does eBay give out T4 for filing income taxes? If not, what is the proper procedure on filing income taxes? Thank you.

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Re: Filing Income Taxes in Canada on a Business Account as a Seller

T4's are for employees.  Sellers are not employees of ebay.

 

Income tax is paid on your profit from sales (sale income minus selling expenses minus cost of goods).

See tax guide T4002 (Self Employment Income) from Revenue Canada.  This assumes you bought stuff for the purpose of reselling.

 

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