I occasionally help my parents with their business...
New Member

I occasionally help my parents with their business. i am claiming what they give me as occasional income. can I elect to pay CPP on this money?

 
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Level 7

Seniors and students

You might need to first determine the nature of your income. This affects how you report the income. Review the information at the following link: https://turbotax.intuit.ca/tips/casual-labour-or-self-employed-whats-the-difference-1324

Depending on your net income for the year, CPP and EI might apply to this income.

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