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kristen-neadreal
November 3, 2023
Question

How to I account for HST collected from my income?

  • November 3, 2023
  • 1 reply
  • 0 views
I am a real estate agent and collect HST on my commission.  My pay stub from my brokerage has deductions as well as HST I have collected.  Please help me direct where to account for HST collected.

1 reply

T
Trish_T
November 3, 2023

Hi kristen-neadreal,

 

Welcome to Community! It's important that you're able to account for the HST collected on your commission, to ensure you remain aligned with government guidelines.  In this situation, I encourage you to reach out to an accounting professional for their expertise and best course of action.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.  However, I will keep this post open, so other accountants and bookkeepers can chime in with their suggestions and recommendations.

 

Feel free to reach back out with other questions.  We would be happy to help!

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