Hi Guys,
I have few questions that I would like to clarify with you guys before I submit my form. Based on the rules I've read on the CIC website, I think I'm eligible but just wanted to double check to avoid any errors.
A little bit about me:
I'm single and living alone here in Canada and want to sponsor both of my parents. I've four members in my family including me (Mom, Dad, Sister, and myself). My sister is 21 years old and is currently living with my parents back home.
As per CRA Notice of assessment, My financial income (before taxes) is as follows:
2015- 69K
2016- 73K
2017- I was working full-time until June (with salary = 75K) but from July to Dec 17 started working as an independent contractor (self-employed). I normally pay myself every month a salary of around 4K(after taxes, gross is 5K). At the year-end (Mar 2018) of my company, will also pay my self a dividend and a bonus. Not sure if that counts though.
Here are my questions:
1- What is my family size? As per me, I think the count is 4, but I'm not sure if I should include my sister or not?
2- Do I satisfy the minimum income requirement for the year 2017?
Thanks in advance for your help.