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Is it possible to apply for a parental sponsorship if I already applied for H&C? Would it jeopardize the chances of approval of H&C or would it even matter?

I did not get a chance to go through and read all these threads but can someone answer my question. 1. Can you apply to the Parents and Grandparents sponsorship if you applied to an H&C application already? 2. It says that you have to make a certain amount of income for the last 3 taxation...