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Eight years ago Cheyenne realized a net capital loss in the amount of $175,000 when the value of her shares in a technology mutual fund
Eight years ago Cheyenne realized a net capital loss in the amount of $175,000 when the value of her shares in a technology mutual fund plummeted and she opted to divest her interest. to date Cheyenne has not been able to make use of these losses. unfortunately Cheyenne died earlier this year. for the year,Cheyenne had employment income of $25,000 a taxable capital gain of $12,000 an interest income of $2500. last year her employment income was $57,000 and she earned interest income in the amount of $4800. assuming Cheyenne never made use of any lifetime capital gains exemptions, how much of her net capital loss will Cheyenne representative be unable to apply? What statement regarding the separation of a married couple is correct? a) In the absence of adultery or cruelty, a minimum separation period of one year is required before a divorce will be granted. b) a separation requires a formal court order. c) separation terminates a legally, valid marriage d) in Canada laws relating to a separation are covered under the federal divorce act
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