Application question

[teamduckie]

Hi, IMM5481 #3 asks for your twelve month net income preceding the date of the application.

If we were to apply this month, October 2014. Does it mean I should go through my bank statements and add up all the deposits I've had from work from Oct 2013 - now? Or does it mean put my net income as shown on my 2013 tax year?

Thanks,

JC

 

[andrew-brit]

What we did was enter the net income for the last 12 months. We sent our application on September 16th 2014 and included any net income from September 15th 2013 - September 15th 2014.

My spouse gets her statements online so it was easy to see how much.

 

[driftcars]

If you add the numbers on your bank statements, that's the income after deductions (tax, EI and CPP). The net income that Canada Revenue Agency referring is the income before those deductions, I think that's the number you should use.