SUPERVISA LICO ELIGIBILITY FOR FAMILY OF 3

[Kees]

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.

15000	Total income
Deductions from total income
23600	Net income
26000	Taxable income
35000	Total federal non-refundable tax credits
61500	Total Ontario non-refundable tax credits
42000	Net federal tax
42800	Net Ontario tax
43500	Total payable
43700	Total income tax deducted
44800	CPP or QPP overpayment
45300	Canada workers benefit
48200	Total 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]​

 

[Naturgrl]

Tables are all jumbled. Assume you have no children & one parent for SV. Do you meet LICO?

 

[canuck78]

You are a family of 5