Hello there, Joslate.
The Sole Proprietor option does not appear in the dropdown menu. It might be due to the business type specified when initially registering.
To ensure compliance with reporting requirements, I recommend reaching out to our live support expert. They are well-equipped to help you make the necessary updates and ensure that your business information correctly reflects your current status.
Here's how to connect with our live expert:
- Sign in to your QuickBooks Online account.
- Click on the Help icon.
- Enter your concern and click Contact Us.
- Choose your preferred method of connection:
- Start a Chat with a support expert.
- Request a Callback from the next available expert.
To ensure you connect at the best times, please check this link: Support Hours.
For more information about FINTRAC, you can refer to this article: What You Need to Know About FINTRAC.
I've provided an article that offers insights into the upcoming changes to capital gain tax changes in 2025: What You Need to Know About the Capital Gains Tax Changes in 2025.
If you have further questions about updating FINTRAC information in QuickBooks Online, please click the Reply button and leave us a message below.
