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The following cases makes different assumptions with respect to the amounts of income and deductions of Meghan Pillet for the current taxation year under the

The following cases makes different assumptions with respect to the amounts of income and deductions of Meghan Pillet for the current taxation year under the various subdivisions of Division B of the Income Tax, and the last two previous years taxes payable:

Employment Income

$35,000

Income (Loss) From Business

(36,000)

Income From Property

21,000

Taxable Capital Gains

42,000

Allowable Capital Losses

(57,000)

Subdivision E Deductions (Spousal Support)

(5,500)

Taxable Income Previous Years:

2020: $1,500

2021: $4,500

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