In the current year, James earned the following income Determine net income in accordance with the aggregating formula in Section 3 of the ITA Employment income Propertv income Gains $80,000 2,000 Shares of Corporation X Personal use property Listed personal property S12,000 7,000 1600 20,600 Losse...

3a Employment income 80000 Property income 2000 82000 3b Taxable capital gains S ...

In the current year, James earned the following income: Determine net income in accordance with the aggregating

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In the current year, James earned the following income:

Determine net income in accordance with the aggregating formula in Section 3 of the ITA.

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In the current year, James earned the following income: Determine net income in accordance with the aggregating

Question:

Employment income . Propertv income . Gains $80,000 2,000 .Shares of Corporation X Personal-use property .Listed personal property S12,000 7,000 1600 20,600 Losses Shares of Corporation Y . Shares of small business corporation .Listed personal property (15,000) (4,000) (300) (19300 $83 300

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Canadian Income Taxation Planning And Decision Making

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