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Royalties and MyTax

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Newbie

Views 295

Replies 1

Can MyTax process music royalties earned from various sources. Or do I have to lodge a form outside of MyTax?

1 ACCEPTED SOLUTION

Accepted Solutions
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Best answer

Community Support

Replies 0

Hi @Arn_SA,

Thanks for your question!

MyTax can process all income, you can include it in the "Other income" section. I would highly recommend that you check if you are operating a hobby or business to determine your tax obligations. 

Let me know if you have any other questions!

Thanks,
EmilyW

1 REPLY 1
Highlighted

Best answer

Community Support

Replies 0

Hi @Arn_SA,

Thanks for your question!

MyTax can process all income, you can include it in the "Other income" section. I would highly recommend that you check if you are operating a hobby or business to determine your tax obligations. 

Let me know if you have any other questions!

Thanks,
EmilyW