An unincorporated business is one which is
partly or wholly owned by you and in which you are working full or
part-time.
Earned Income for an unincorporated business
owner is your share of the business income, less your share of
business expenses that are deductible from income under the Income
Tax Act (Canada).
Earned Income does not include income from
pension plans, retirement plans, profit-sharing plans, stock savings
plans, deferred compensation plans, insurance policies and
annuities, interest, rents, royalties and investment income or any
other form's) of income which does not depend on you engaging in an
occupation.
To calculate your earned income, please proceed
with step 2:
Step 2 - Earned Income Calculation