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| *The Commerce Journal>>>Canada Taxes |
How can status indian report self-employed income on tax return ? |
How to verify non-taxable income if it is not reported on return so thath Lender will accept as verification for mortgage loan? As I understand it, only the self employed income earned outside the reserve is taxable and to be included on his or her tax return, while the income earned earned inside the reserve is not taxable. Therefore, to determine the income earned inside the reserve, the mortgage lender may wish to see his yearly billings to his customers inside the reserve, his bank deposits, etc. |
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