In 2023, a person earned employment income of $80,000 They owned a 75% interest in a partnership
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In 2023, a person earned employment income of $80,000 They owned a 75% interest in a partnership that incurred a $50,000 business loss, and a 100% interest in a corporation that incurred a $20,000 business loss for its year ended June 30, 2023. What would be the individual's 2023 net income?
Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
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