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Glossary Terms
Imputed Income
Imputed income is an amount of income assigned to a spouse by a court for calculating support, even if that person is not actually earning that amount.
Special or Extraordinary Expenses
Special or extraordinary expenses (often called Section 7 expenses) in Canada are costs for a child that go beyond standard child support and are shared proportionally between parents based on income. They must be necessary and reasonable, typically including childcare, uninsured medical/dental ($>$$100/year), premiums, post-secondary education, and significant extracurricular activities.
Notice of Assessment
A CRA summary showing the income reported from a tax year and any assessed balance, refund or adjustments.
Notice of Assessment
Plain-English definition
A CRA summary showing the income reported for a tax year and any assessed balance, refund, or adjustment.
Why it matters in DISCLOEZY
It is one of the most commonly requested disclosure documents because it helps confirm reported income.
Documents usually associated
Form(s) where you may see it
Common mistakes
Related terms
Documents associated
Form(s) where you may see it
Common mistakes
Related terms