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Microstock Photography Forum - General => General Stock Discussion => Topic started by: aetb on April 28, 2015, 00:00

Title: Any Stock Photographer from Canada here ? - Tax form
Post by: aetb on April 28, 2015, 00:00

Hello !
I'm from Quebec and I'm asking if the revenue of Stock photography will be part of my earning just like any other contracts I did of if because it comes from outside the country it's different ?
Any ideas ?

Title: Re: Any Stock Photographer from Canada here ? - Tax form
Post by: Click Images on April 28, 2015, 12:18

Bonjour,

Yes your stock photography earnings (from all countries) should be part of your other earnings.  At least that's the tax advice that I was given by my tax professional.  I received T5 from the Canadian companies (i.e., Canstock) and I got my W-8 forms from the US companies.  I declared all of these as part of my revenues.

My photo business is registered with the CRA, so I was then able to claim expenses to help offset the revenues (i.e., home studio and other shoot and travel expenses).

Cheers,