Carey earned 85,000 in employment income in 2023, 2,000 in capital gains, and 5,000 in business income. Carey's enhanced cpp is 631. In 2022. carey realized a business loss for tax purposes in 8,000 which could not be used and a capital loss on the sale of public shares for 3,000 which could not be used. How much is Carey's taxable income in 2023? A) 84, 539 B) 80, 539 C) 81, 039 D) 81,369

Carey earned 85,000 in employment income in 2023, 2,000 in capital gains, and 5,000 in business income. Carey's enhanced cpp is 631. In 2022. carey realized a business loss for tax purposes in 8,000 which could not be used and a capital loss on the sale of public shares for 3,000 which could not be used. How much is Carey's taxable income in 2023? A) 84, 539 B) 80, 539 C) 81, 039 D) 81,369

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter6: Deductions And Losses: In General

Section: Chapter Questions

Problem 56P

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Similar questions

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