Cases Cases

case D Calculate the net income in case D. (Use parentheses or a minus sign to enter deductions or losses. For entries with a $0 balance, make sure to enter "O" in the appropriate input field.) Income Under ITA 3(a): Employment Income Business Income Total ITA 3(a) Income Income Under ITA 3(b): Taxable Capital Gains Allowable Capital Losses Total ITA 3(b) Income Balance From ITA 3(a) and (b) Subdivision e Deductions Balance From ITA 3(c) Deduction Under ITA 3(d): Property Loss Net Income Answer the following questions. 27000 20000 16000 (30000) 47000 0 47000 (14000) (14000) (39000) 0 Yes 6000 Cases Employment Income Business Income (Loss) Property Income (Loss) Taxable Capital Gains Allowable Capital Losses Subdivision e Deductions (RRSP) Case A 31,000 $ (6,000) 13,000 39,000 (22,000) (11 ,000) print Case B 38,000 $ (40,000) 17,000 32,000 (41 ,000) (12,000) Done Case C 17,000 $ 21 ,ooo (22,000) 30,000 (66,000) (2,000) Case D 27 ,ooo 20,000 (39,000) 16,000 (30,000) (14,000) Does Ms. Reyes have any loss carry overs? If so, how much is a net capital loss? If so, how much is a non-capital loss?