Hi, I noticed a T5007 slip on my CRA account that makes up almost half of my net income, and I’m not sure where it came from. (Not OW, as i have checked)
Does COHB issue a T5007 slip, and is that amount counted as net income when determining the next amount upon renewal?
I’m confused because it seems to increase my net income (Line 23600) significantly. Has anyone experienced this before?
Thanks.
Hi, I noticed a T5007 slip on my CRA account that makes up almost half of my net income, and I’m not sure where it came from.
Does COHB issue a T5007 slip, and is that amount counted as net income when determining the next amount upon renewal?
I’m confused because it seems to increase my net income (Line 23600) significantly. Has anyone experienced this before?
Thanks.
COHB question - my latest tax assessment shows a much higher amount on Line 23600 (net income) than what I actually earned from employment last year (only worked about 3 months plus small other amounts).
Will this significantly affect this year’s COHB? Has anyone dealt with something similar, and what did you do?