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Compute Mr. Davis's Net Income for Tax Purposes (Division B income), according to the rules in Section 3. All items must be correctly located in
Compute Mr. Davis's Net Income for Tax Purposes (Division B income), according to the rules in Section 3. All items must be correctly located in the correct paragraph to obtain marks. (Hint: Calculate Net Business Income with Recapture/Terminal loss, Net Property Income, Net Taxable Capital Gains, Child Care Costs first. Then put everything together under Section 3). Compute Mr. Davis's Net Income for Tax Purposes (Division B income), according to the rules in Section 3. All items must be correctly located in the correct paragraph to obtain marks. (Hint: Calculate Net Business Income with Recapture/Terminal loss, Net Property Income, Net Taxable Capital Gains, Child Care Costs first. Then put everything together under Section 3)
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