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Amending Tax Returns to meet minimum income requirement for pgp 2022

A

abd1987

Newbie
Apr 29, 2022
7
5
Hello Team...I am in a situation and I need some feedback on what are my options.. I landed in Sept 2019 in canada...I am hoping to apply for pgp 2022...below is our family income and I am looking to sponsor my parents (so total member are 5)

NOA below:
2019 - 32k
2020 - 110k
2021 - 150k
2022 ~ 100k

if I have to apply for 2022, my income should meet lICO for 2019, 2020, 2021 but my 2019 Income is low..should I go ahead and amend my tax returns for 2019 and make it around 75-80k by paying additional tax..will this have any impact..would I then become eligible for 2022.. has anybody done that..what are my options..trying to plan ahead of time.
 
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YVR123

YVR123

VIP Member
Jul 27, 2017
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Was the additional income that you actually received BUT didn't file it because you try to hide it from CRA?
Or you are making it up....
 
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A

abd1987

Newbie
Apr 29, 2022
7
5
YVR123 said:
It's tax fraud if you are reporting income that you did not actually have.

And what is your proof? You suddenly had cash income of 80k that you forgot?
Click to expand...
Not 80k...i already paid tax on 35k... so its 40k is what additionaly I need to pay tax...There is something called as reassesment of IT...you think it wont make sense? dont judge...I am just asking :) The PGP process is so weird that last year they didnt consider anyone from 2021 but from 2020 pool..
 
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Buletruck

VIP Member
May 18, 2015
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abd1987 said:
Not 80k...i already paid tax on 35k... so its 40k is what additionaly I need to pay tax...There is something called as reassesment of IT...you think it wont make sense? dont judge...I am just asking :) The PGP process is so weird that last year they didnt consider anyone from 2021 but from 2020 pool..
Click to expand...
Just being willing to pay extra tax isn’t the point. CRA will want to know where the extra $40K came from and why it wasn’t reported in 2019. Did you with hold income? Did you get paid under the table….Potentially a whole ugly can of worms you are opening, as opposed to waiting a year on something you may not even get chosen to apply for.
 
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PMM

VIP Member
Jun 30, 2005
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1,947
Hi

abd1987 said:
Hello Team...I am in a situation and I need some feedback on what are my options.. I landed in Sept 2019 in canada...I am hoping to apply for pgp 2022...below is our family income and I am looking to sponsor my parents (so total member are 5)

NOA below:
2019 - 32k
2020 - 110k
2021 - 150k
2022 ~ 100k

if I have to apply for 2022, my income should meet lICO for 2019, 2020, 2021 but my 2019 Income is low..should I go ahead and amend my tax returns for 2019 and make it around 75-80k by paying additional tax..will this have any impact..would I then become eligible for 2022.. has anybody done that..what are my options..trying to plan ahead of time.
Click to expand...
1. Landed in Sept 2019, do you really think that CRA would believe you earned 75 to 80 K in less than 3 months?
 
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Copingwithlife

Copingwithlife

VIP Member
Jul 29, 2018
3,936
1,903
Earth
abd1987 said:
Ok I got it....so its not a wise idea.
Click to expand...
It’s beyond ridiculous, and let’s throw in fraudulent, to even THINK of what you were going to do. It’s amazing what goes thru peoples heads

The PGP is set up to ensure you have a history of earning a certain level of income to support individuals you want to bring to the country .
 
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A

abd1987

Newbie
Apr 29, 2022
7
5
Copingwithlife said:
It’s beyond ridiculous, and let’s throw in fraudulent, to even THINK of what you were going to do. It’s amazing what goes thru peoples heads

The PGP is set up to ensure you have a history of earning a certain level of income to support individuals you want to bring to the country .
Click to expand...
sir again stop judging...i was just asking and I am not going to do it because i dont think its worth taking the risk and probably getting banned/screwed by cra forever...i just wasnt sure hence I asked here...are these what forums are for..I am not a ridiculous person..people do even more crazier crap than this...sorry i dont mean to be rude...but i would request the mods to close the post/lock it as it has serve its purpose.:)
 
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steaky

steaky

VIP Member
Nov 11, 2008
14,305
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PMM said:
Hi



1. Landed in Sept 2019, do you really think that CRA would believe you earned 75 to 80 K in less than 3 months?
Click to expand...
Especially with capital gains, it is not impossible to make 75 to 90 K in less than 3 months.
 
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