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1. Which item is NOT a deduction in the determination of Taxable Income? a) Lifetime capital gains deduction. b) One-half the employment income inclusion resulting

1. Which item is NOT a deduction in the determination of Taxable Income?

a) Lifetime capital gains deduction.

b) One-half the employment income inclusion resulting from the exercise of stock options.

c) Loss carryovers from a previous taxation year.

d) Eligible medical expenses.

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