Is Line 101 on HST return gross or net?

As a result, it is extremely important that the sum of the revenues reported on line 101 of your GST/HST return reconciles to the total gross revenue you report when you file your T2 corporate or T1 personal income tax return.

What does GST34 mean?

Businesses must file Goods and Services Tax (GST) returns with the Government of Canada. Use the Government of Canada GST Return (GST34 File/Pay) option to file your GST return and pay all or some of the amount owing.

What is a GST34 return?

The CRA automatically sends a personalized return—Form GST34, Goods and Services Tax/Harmonized Sales Tax (GST/HST) Return for Registrants, which includes information specific to the particular business (i.e. the name and address of the business owner and its business number).

How do I change my line 101 on a GST return?

HST Line 101 showing wrong figures. How to adjust line 101/not reflecting P&L sales figure

  1. Go to Taxes.
  2. Select Sales Tax.
  3. Under ACTION, select the Prepare return drop-down menu.
  4. Choose View summary.
  5. Click the amount under the Total column of your Line 101.

Is line 101 before or after taxes?

What Is Line 101 (formerly 101) On Your Tax Return? Line 10100 is a line on your income return where you enter your employment income. This can include salaries and wages, commissions, tips, bonuses, and honorariums. In most cases, line 10100 will include income from all T4 slips you receive from one or more employers.

Do I include HST in gross income?

GST and PST or harmonized sales tax (HST) are not included.

How do I file a GST34?

You can file a GST/HST return electronically, by TELEFILE, or on paper….If you need a new return package or access code, do one of the following:

  1. to request a new GST34-2 or GST34-3, call 1-800-959-5525.
  2. to get a new access code for GST/HST NETFILE or GST/HST TELEFILE, go to GST/HST Access Code Online.

What is included in Line 101 on GST return?

Line 101: Enter the total amount of revenue from supplies of property and services, including zero-rated and exempt supplies, and other revenue for the reporting period.

How do I file GST34?

Where do I find line 101 on my tax return?

Where do i find Line 101 (10100) on my tax return? If you have already filled out your tax return for 2019, you can typically find this line number on your summary page. A summary page will give you totals of each line item that was used on your tax return.

What is line 10100 of your 2021 return?

What is Line 10100 on My Tax Return? If you are looking for Line 10100 (formerly Line 101) on your tax return you are looking for your employment income. Employment income is all of the money you receive at work through salary, wages, commissions, bonuses, tips, gratuities and honorarium.

Do you include HST in line 101?

Enter your total sales and other revenues (line 101) You are liable for the GST/HST you charge on property or services on the day you receive payment or the day the payment is due, whichever is earlier.