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Wondering if anyone know here, MNI table is the one we are looking for minimum, income requirement or adding 30% on top of minimum requirement to calculate income requirement, I am quite confused with the instructions. I wasn't married last year, family size was3 including my both parents, now I got married this year. we are now considered family of 4 people. Are we supposed to count $61,209 plus 30% for year 2019 and same for 2018? I am not quite clear here.
3 people
$39,672
$50,414
$49,641
4 people
$48,167
$61,209
$60,271
"Since many sponsors may have been affected financially by the COVID-19 pandemic, the income requirement for the 2020 tax year has been reduced to the minimum necessary income, instead of the minimum necessary income plus 30%."
No, Your income requirement for 2019 and 2018 will be 50414 and 49641 while for 2020 it will be 48167.
Also 30% is already included in that amount. Look at 2019 and 2018. For 2020 the IRCC announced that they won't require 30% due to COVID, Thats why 2020 income is less than the other years.
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