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All the info given for this question. The financial results of an individual are outlined below for three years. 2019 2020 2021 Employment Income $21,000

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All the info given for this question.

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The financial results of an individual are outlined below for three years. 2019 2020 2021 Employment Income $21,000 $29,000 $44,000 Capital gains: Listed personal property -0- -0- 5,500 Other capital property 38,000 -0- 14,000 Capital losses: Listed personal property -0- (9,900) -0- Shares of a small business corp. -0- (44,000) -0- Other capital property -0- (52,000) -0- Share of a business partnership's Income (loss) 8,000 (62,700) -0- Dividends from Canadian corporations -Non-eligible 10,000 5,000 -0- (CCPC) RRSP contributions 4,000 -0- -0- 1 . Determine the Individual's unused net capital losses, non-capital losses, and unused listed personal property losses for 2020. Ignore the deduction for CPP enhanced contributions. (Enter losses/deductionsegative amounts In brackets or with a minus sign.) 2020 3(a) Employment income Property income Subtotal Segment A 3(b) Subtotal Segment B Allowed 3(c) Other deductions 3(d) Subtotal Segment D Maximum deduction allowed Net income for tax purposes Taxable income Loss Carry forward Balances: Unused Allowable Net capital losses Unused Allowable Non-capital losses Unused Allowable LPP losses2. Determine the individual's minimum taxable income for 2019 and 2021. Ignore the deduction for CPP enhanced contributions. (Enter losses/deductionsegative amounts in brackets or with a minus sign.) 2019 Amended 3(a) Segment A subtotal 3(b) 3(c) 3(d) Losses Net income Loss Carry forward deductions: Deduct Unused Net capital loss Deduct Unused Non capital loss Taxable income Unused Loss Balances Unused Net Capital Losses Unused Non Capital Losses Unsed LPP Losses 2021 3(a) 3(b) Subtotal Segment B 3(c) Deductions d(d) Losses Net Income Loss Carry forward deductions: Deduct Unused Net capital loss Deduct Unused Non capital loss Taxable income Unused Loss Balances Unused Net Capital Losses Unused Non Capital Losses Unused LPP Losses

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