Taxpayer A	Taxpayer B	Taxpayer C
Employment income			$30,000
Business income (loss)		$(20,000)
Property income (loss)	$(1,000)
Pension income	40,000
Capital gain (loss)		50,000	(6,000)

Calculate net income for tax purposes for each of the three taxpayers. Some cells will be left blank. Indicated losses with a minus sign.

KC 3-5 Net income for tax purposes Taxpayer Taxpayer A B Taxpayer Employment income $30,000 Business income (loss) $(20,000) Property income (loss) $(1,000) Pension income 40,000 Capital gain (loss) 50,000 (6,000) Calculate net income for tax purposes for each of the three taxpayers. Some cells will be left blank. Indicated losses with a minus sign. Taxpayer A Segment A Segment B Segment C Segment D Net Income for Tax purposes Taxpayer B Segment A Segment B Segment C Segment D Net Income for Tax purposes Taxpayer Segment A Segment B Segment C Segment D Net Income for Tax purposes