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Questions (6)
Jim, age 45, is a widower since the year of 2011 when his wife suddenly passed away.
He has calculated his net income for tax
2 answers
661 views
Michelle attended a Canadian University on a full-time basis for eight months
in 2014. Her only income for that year was $14,000
0 answers
526 views
Michelle attended a Canadian University on a full-time basis for eight months
in 2014. Her only income for that year was $14,000
0 answers
616 views
SIGNMENT #1 -Non refundable tax credits and Adv Cap Gains Rules
Question #4 Gary and Kelly have two children, Ben, age 14 and
0 answers
551 views
During 2014, Jake Baxter made one charitable donation of $100,000 to ACO, a
Canadian registered charity. His net income for the
0 answers
692 views
Carolyn sold capital property on 2011 for $800,000 and incurred $24,000 in selling costs.
The property had an ACB of $176,000.
0 answers
536 views
Answers (1)
#1 step 1 House Cottage years owned 2011 - 2015 2013-2015 5 3 # step 2 500,000 250,000 (400,000) (150,000) (20,000) (10,000) --------------- ---------------- GG 80,000 90,000 step3 80000/5 90000/3 16 000 30000 step4 3 2 step5 80000 90000 (1+3)/5 x 80000