I guess your corporation income is not considered your personal income, so your corporation issued you T4 or T5, if
Hello guys,
Need a help.
In Financial Evaluation form - Question #13 asks whether we are employed or self-employed.
In my case, I have a small corporation and work for myself as an employee under the same corporation. It seems, either option (choosingemployee or self-employed) works for me.
Are we required to submit any employment letter (if selecting employed) or paper work for proof that we own a corporation (if selecting self-employed)?
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Thanks so much !
They dont bother whether you own a corporation. You can write employed by your corporation.
The important part is your NOA line 150. That shows how much income you earn (or pay yourself) and pay personal income taxes on.
I have a professional corporation and pay myself too.