During 2019, Jason Glen has net employment income of $12000, net rental income of $4800, as well as a taxable capital gain of $7500. In addition, she has a business loss of $131000 and a farm loss of $6000. Determine her 2019 non capital loss. Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
During 2019, Jason Glen has net employment income of $12000, net rental income of $4800, as well as a taxable capital gain of $7500. In addition, she has a business loss of $131000 and a farm loss of $6000. Determine her 2019 non capital loss. Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 38P
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Transcribed Image Text:During 2019, Jason Glen has net employment income of $12000, net rental income
of $4800, as well as a taxable capital gain of $7500. In addition, she has a business
loss of $131000 and a farm loss of $6000. Determine her 2019 non capital loss.
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your
response.
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