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Business income form T2125 Field 3B data entry


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Hello Kevin4fr29,

In >>T2125 >> Income, expenses - see example below

*Quick Method - For each applicable remittance rate, include (sales, commissions and fees eligible for the Quick Method plus GST/HST collected or collectible) multiplied by Quick Method remittance rate

$999.00

*GST/QST included in sales $888.00

*Discounts & rebates on sales  $777.00

Total 1,665.00

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>>Field 3B : GST/HST, provincial sales tax, allowances, discounts, and GST/HST adjustments (included in amount 3A)

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