Question
An individual provided you with the following information in connection with her income tax return for 2021. Capital gains: Shares of public corporations . $1,600
An individual provided you with the following information in connection with her income tax return for 2021.
| Capital gains: Shares of public corporations . |
$1,600 |
| Personal-use property . | 700 |
| Listed personal property . | 500 |
| Capital losses: Shares of public corporations .. |
$ 820 |
| Personal-use property .. | 1,000 |
| Listed personal property .. | 140 |
She has unused listed personal property losses from the previous year of $100.
What is the minimum net taxable capital gain that she must report in her income for 2021?
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Business Of Sport Management
Authors: John Beech, Simon Chadwick
2nd Edition
027372133X, 9780273721338
