Search results

so self employed people can't apply?

what is personal income? Do you mean Employment Income (as in t4)? Not sure if I follow you. It goes like this: 12100 Interest or other investment income $317 13499 Gross business income $62126 13500 Net business income $50722 15000 Total Income $51089

Not sales was not correct on my part, That amount is my gross business income ($62,126.06) and my Total Income(15000)/Net income(13500) is the same $52,589 But regardless of that if CPP doesn't have to be deducted during their assessment and I have nothing else to deduct from it (No EI, Old age...

[previous post got removed] Hey guys I was selected to sponsor my parents this year, I am about to submit my application but something just caught my attention - the income requirement. In 2019 my gross sales were $62,126.06 (Line 13499); I subtracted my business expenses and arrived at the...

Epic draw! Can't imagine what it must have felt like1

Hey guys I was selected to sponsor my parents this year, I am about to submit my application but something just caught my attention - the income requirement. In 2019 my gross sales were $62,126.06 (Line 13499); I subtracted my business expenses and arrived at the following amount - $52,589...