sponsoring parents. financial help question

[YoBoy]

hi i need some help regarding financial proofs for sponsoring my parents.
i am here from last 2 years howver they are asking about three year revenue agency notice of assessment. 2013 i have NOA showing 100K+ and also i can provide 2014 so far tax paid (on 100K+).
can i really apply or its mendatory to have last three notice of assessments ?

 

[MilesAway]

You must show 3 years of NOA or Option C.

 

[YoBoy]

what is option C ?

 

[MilesAway]

Option C is a form you can get from CRA. It's a requirement for spousal sponsorship, and one of the accepted documents for sponsoring your parents.

 

[YoBoy]

thanks. i was looking some help for form c but it will show same amount as my NOA.
how would it work as my last 3 years statement.

my problem is that i only have 2013 NOA and i can also get 2014 tax submission from my office.
how would form c work for last 3 years ? or only last year form c will work ?

 

[scylla]

You need to show NOAs for 2013, 2012, and 2011 that meet the low income cut off to qualify to apply this year.

 

[Rob_TO]

thanks. i was looking some help for form c but it will show same amount as my NOA.
how would it work as my last 3 years statement.

my problem is that i only have 2013 NOA and i can also get 2014 tax submission from my office.
how would form c work for last 3 years ? or only last year form c will work ?

You could possibly apply only if you live in Quebec as they only require 1 year of income.

In any other province, if you have suitable income for 2013, 2014 and 2015, the earliest you can possibly apply for your parents is January 2017.