Bassem Doha has the following sources of income and deductions: Net employment income 55,000 Property loss 10,000 Business loss 44,000 Capital Gain 21,000 and a Capital Loss 23,000. Bassem also makes an RRSP contribution of $10,000 during the year. What is the amount of Bassem's non-capital loss available to be carried forward or carried back to another taxation year? 

Answer rating: 100% (QA)

To determine the amount of Bassems noncapital loss available t... View the full answer