Employment Income - $73,400

Income (Loss) From Business- (14,300)

Rental Income (Loss)- 8,500

Taxable Capital Gains 42,600

Allowable Capital Losses (18,300)

Subdivision e Deductions (5,900)

For each Case, calculate Mr. Maddox's Net Income (Division Become). Indicate the amount and type of any loss carryovers that would be available at the end of the current year, or state that no carryovers are available.

Answer rating: 100% (QA)

Employment Income 73400 Income Loss From ... View the full answer