I sold some gravel from the gravel pit on my farm. How should I report the sale of soil on my tax return?

Income from soil sold in a farm or a forest estate is not filed in the tax return for agriculture or forestry. Instead, it is report as other capital income on the pre-completed tax return.

Submit the information in MyTax or on Form 50B (Capital income and deductions), section "3 Capital-income pensions, long-term savings agreement payments, and other capital income". If you claim any deductions from the profits, enter them in "Other expenses incurred in acquiring or maintaining capital income".

Note: Agricultural partnerships and forestry partnerships file their profits on the tax return for agricultural partnerships (2Y).