Minimum Necessary Income (MNI) for Family Sponsorship Before or after tax?

[Assaf97]

Hey guys, we are currently waiting for SA/Sponsor approval and were looking at the chart for income.

My older brother is sponsoring my mother & I (I’m under 21), he is married and with 2 children therefore he needs to meet in minimum income for 6 people.

https://www.canadavisa.com/necessary-income-levels-for-family-sponsorship.html#gs.yassywM

My question is, is the income listed supposed to be before or after tax? I heard both answers so far so I would like it if someone could clarify.

If they are asking my brother to make $76,015 $75,174 $73,733 for the last 3 years AFTER income tax then I don’t think we will qualify anymore but if they want the income before income tax we would be in the clear

 

[YVR123]

It's line 150 on notice of assessment which includes his Total taxable income. (Before tax but after some deductions)

He, as a Canadian PR or citizen, should be handling this. Not you.

I don't know if you have access to his NOA.

 

[Assaf97]

It's line 150 on notice of assessment which includes his Total taxable income. (Before tax but after some deductions)

He, as a Canadian PR or citizen, should be handling this. Not you.

I don't know if you have access to his NOA.

Do you have any idea what these deductibles are so we can calculate it?

He’s a PR but I’m just asking for my own knowledge as well, I’ll let him know about deductibles but need to know what they exactly are

 

[YVR123]

Do you have any idea what these deductibles are so we can calculate it?

He’s a PR but I’m just asking for my own knowledge as well, I’ll let him know about deductibles but need to know what they exactly are

It's too late to find and know about deductibles NOW.

The numbers are on his NOA line 150 for the last 3 years. 2015, 2016, 2017.
He should have the tax filed and ready by now.

 

[YVR123]

As far as I know income from EI cannot be counted and need to be subtracted from line 150.
I don't think there are other deductible.

 

[Assaf97]

It's too late to find and know about deductibles NOW.

The numbers are on his NOA line 150 for the last 3 years. 2015, 2016, 2017.
He should have the tax filed and ready by now.

I just contacted him now and he said he has nothing listed for line 150 and it is for retirement pensions & tax free savings. Is this correct and is it normal to have it blank?

His salary usually ranges around $100,000 give a little take a little, any idea how much these deductibles usually are even if my brother doesnt have any?

 

[Wonderland_1010]

I just contacted him now and he said he has nothing listed for line 150 and it is for retirement pensions & tax free savings. Is this correct and is it normal to have it blank?

His salary usually ranges around $100,000 give a little take a little, any idea how much these deductibles usually are even if my brother doesnt have any?

All IRCC needs is the total gross income (Before Tax). Have your brother take a look at his Notice of Assessment which he receives by mail from Canada Revenue Agency after he files his personal taxes every year. On the Notice of Assessment it will state the gross income earned during the year. If your brother meets the LICO x 30% requirement for 6 people, all he needs is to submit copies of the Notice of Assessment.

 

[Assaf97]

I

All IRCC needs is the total gross income (Before Tax). Have your brother take a look at his Notice of Assessment which he receives by mail from Canada Revenue Agency after he files his personal taxes every year. On the Notice of Assessment it will state the gross income earned during the year. If your brother meets the LICO x 30% requirement for 6 people, all he needs is to submit copies of the Notice of Assessment.

Thats what we were following, His pre tax gross income from the NOA, can you explain what LICO is exactly is?

30% of 6 people in 2017 would be $22,804, so what should I multiply this by?

 

[Wonderland_1010]

I


Thats what we were following, His pre tax gross income from the NOA, can you explain what LICO is exactly is?

30% of 6 people in 2017 would be $22,804, so what should I multiply this by?

https://www.canada.ca/en/immigration-refugees-citizenship/services/application/application-forms-guides/guide-5196-sponsorship-adopted-children-other-relatives-sponsor.html

Federal Income Scale
Federal Income Table, 2017
The following table applies to all provinces except Quebec. Quebec residents should refer to MIDI’s Financial capacity evaluationwebpage.

Table 1
Low Income Cut-Off (LICO)
Size of Family Unit Minimum necessary income
1 person (the sponsor) $24,949
2 persons $31,061
3 persons $38,185
4 persons $46,362
5 persons $52,583
6 persons $59,304
7 persons $66,027
More than 7 persons, for each additional person, add $6,723

That is the LICO table.

 

[Assaf97]

https://www.canada.ca/en/immigration-refugees-citizenship/services/application/application-forms-guides/guide-5196-sponsorship-adopted-children-other-relatives-sponsor.html

Federal Income Scale
Federal Income Table, 2017
The following table applies to all provinces except Quebec. Quebec residents should refer to MIDI’s Financial capacity evaluationwebpage.

Table 1
Low Income Cut-Off (LICO)
Size of Family Unit Minimum necessary income
1 person (the sponsor) $24,949
2 persons $31,061
3 persons $38,185
4 persons $46,362
5 persons $52,583
6 persons $59,304
7 persons $66,027
More than 7 persons, for each additional person, add $6,723

That is the LICO table.

Alright thank you for helping and I know I might seem annoying but I am obviously calculating wrong, from what you told me my brother needs to make LICO x 30% requirement of 6 people.

30% of 2017 minimum is $22,804 whereas LICO for 6 persons(Brother,wife,2 children, mother & I) is $59,304.

From what I understood is that you are telling me to multiply $22,804 by $59,304 which equals to an absurdly large number so yeah I'm sorry but I didnt quite follow what your instructions were.

EDIT: Alright well after researching a bit and reading from what I understand the Minimum Necessary Income is the LICO + 30% of LICO for that year.

So example would be 2017 LICO for 2017 is $58,473, 30% of that is $17,541. Meaning that the MNI for 2017 is $76,015.

Sorry, from the way you were wording it I thought that LICO was something else that we needed to qualify other then MNI.

Do you have any idea what deductibles other people were talking about? Thank you for everything.

 

[Wonderland_1010]

Alright thank you for helping and I know I might seem annoying but I am obviously calculating wrong, from what you told me my brother needs to make LICO x 30% requirement of 6 people.

30% of 2017 minimum is $22,804 whereas LICO for 6 persons(Brother,wife,2 children, mother & I) is $59,304.

From what I understood is that you are telling me to multiply $22,804 by $59,304 which equals to an absurdly large number so yeah I'm sorry but I didnt quite follow what your instructions were.

EDIT: Alright well after researching a bit and reading from what I understand the Minimum Necessary Income is the LICO + 30% of LICO for that year.

So example would be 2017 LICO for 2017 is $58,473, 30% of that is $17,541. Meaning that the MNI for 2017 is $76,015.

Sorry, from the way you were wording it I thought that LICO was something else that we needed to qualify other then MNI.

Do you have any idea what deductibles other people were talking about? Thank you for everything.

LICO x 30%

$59306 x 30% = $77101.7 for 2017. So your brother should be earning $77000 or more for 2015 and 2016 in order to qualify.

 

[canuck_in_uk]

Alright thank you for helping and I know I might seem annoying but I am obviously calculating wrong, from what you told me my brother needs to make LICO x 30% requirement of 6 people.

30% of 2017 minimum is $22,804 whereas LICO for 6 persons(Brother,wife,2 children, mother & I) is $59,304.

From what I understood is that you are telling me to multiply $22,804 by $59,304 which equals to an absurdly large number so yeah I'm sorry but I didnt quite follow what your instructions were.

EDIT: Alright well after researching a bit and reading from what I understand the Minimum Necessary Income is the LICO + 30% of LICO for that year.

So example would be 2017 LICO for 2017 is $58,473, 30% of that is $17,541. Meaning that the MNI for 2017 is $76,015.

Sorry, from the way you were wording it I thought that LICO was something else that we needed to qualify other then MNI.

Do you have any idea what deductibles other people were talking about? Thank you for everything.

All of the information that you are looking for, including what is included in income and what isn't and the LICO table, is in the application guide and forms.

 

[canuck78]

You should ask him again what is on line 150. Some people are not declaring all their income or structuring their business so they pay less taxes. If he is working for someone else and making 100K from one source through a business that is compliant with the tax laws he should be fine.

 

[Assaf97]

You should ask him again what is on line 150. Some people are not declaring all their income or structuring their business so they pay less taxes. If he is working for someone else and making 100K from one source through a business that is compliant with the tax laws he should be fine.

Sounds great thank you! Just a quick question, do you know anything about any deductibles? From what he told me, he has nothing listed for line 150 but all of his taxes & income is correct (he is employed not self employed)

 

[canuck78]

Think he is probably not reading his NOA right but if he hasn't been on EI, he isn't self-employed, he isn't being paid cash, etc he should likely be fine if he is making 100K. Line 150 should reflect his actual income.