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A resident individual has the following capital gains and losses for the year: Discount capital gain (before discount applied) $40,000 Capital loss $5,000 Carried-forward net
A resident individual has the following capital gains and losses for the year: Discount capital gain (before discount applied) $40,000 Capital loss $5,000 Carried-forward net capital loss of prior year $2,000 What is their minimum net capital gain for the year?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
