+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Kees

Full Member
Jan 12, 2022
27
9
Hi,
I hope someone can help with my query! I have attached a snippet of my NOA for 2024 is this sufficient for a family of 3? The LICO for fam of 3 is 44,966. My husband won’t be co-signing.

15000Total income
Deductions from total income
23600Net income
26000Taxable income
35000Total federal non-refundable tax credits
61500Total Ontario non-refundable tax credits
42000Net federal tax
42800Net Ontario tax
43500Total payable
43700Total income tax deducted
44800CPP or QPP overpayment
45300Canada workers benefit
48200Total credits
Total payable minus Total credits
[th]
Line​
[/th][th]
Description​
[/th]​
[th]
$ Final amount​
[/th]​
[th]
CR/DR​
[/th]​
[td]
50,565​
[/td]​
[td]
5,734​
[/td]​
[td]
44,831​
[/td]​
[td]
44,831​
[/td]​
[td]
3,230​
[/td]​
[td]
740​
[/td]​
[td]
3,494.41​
[/td]​
[td]
1,609.36​
[/td]​
[td]
5,103.77​
[/td]​
[td]
6,460.97​
[/td]​
[td]
7.53​
[/td]​
[td]
489.36​
[/td]​
[td]
6,957.86​
[/td]​