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QUESTION 2 Jerry provides you with his income tax information for this year 1. Employment Income $200,000 2. CPP Deduction from his Payroll T4 slip:

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QUESTION 2 Jerry provides you with his income tax information for this year 1. Employment Income $200,000 2. CPP Deduction from his Payroll T4 slip: $0 3. El Deduction from his Payroll T4 slip. $700 4. Capital Gains $20,000 (hint calculate taxable capital gains) 5. Union Dues Deduction $2,000 6. RPP Deduction $10,000 7. Interest Income $5,000 8. Employment Expense Deduction $10,000 9 Non-Capital (Business Loss from 2018) Loss Carry Forward $20,000 10. Net Capital (netted at 50%) Loss Carry Forward $10,000 What will Jerry insert into his Line 26000, Taxable income , this year

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