Question
Mr. X sold shares of a CCPC for 20,000 which he purchased in 2005 for $8,000. Commissions is 2% of Proceeds Mr. X sold shares
Mr. X sold shares of a CCPC for 20,000 which he purchased in 2005 for $8,000. Commissions is 2% of Proceeds
Mr. X sold shares of a Public Company for $10,000 which he purchased in 2010 for $12,000. Commissions is 2% of Proceeds
In addition, Land was sold for 210,000 which were purchased in 1980 for $150,000. Commissions paid - $10,000
Received interest income of $2,300 from your sister who told you that this amount is not taxable.
Attended DEF University for 8 months part time. Tuition fees - 5,000. Parking fees paid to the university - $500
Determine Tax Payable for 2020.
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