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ans with explanation Case 5: Mr. Kay has the following incomes and other tax related items Net Business Income $25,782.00 Salary from job $38,990.00 Rental
ans with explanation
Case 5: Mr. Kay has the following incomes and other tax related items Net Business Income $25,782.00 Salary from job $38,990.00 Rental Income from Appartment $11,807.00 Contribution to RRSP $8,684.00 Capital Losses Allowed $6,142.00 Show the calculation for Total Taxable Income for Mr. Kay (Show incomes that will be added or deducted to arrive at answer.) Step by Step Solution
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