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The following four Cases make different assumptions with respect to the amounts of income and deductions of Kirk Minutelli for the current year. Required For
The following four Cases make different assumptions with respect to the amounts of income and deductions of Kirk Minutelli for the current year. Required For each Case, calculate Mr. Minutelli's Net Income (Division B income). Indicate the amount and type of any loss carry overs that would be available at the end of the current year, or state that no carrv overs are available. Case A. What is Mr. Minutelli's Net Income (Division B Income)? Case A. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case B. What is Mr. Minutelli's Net Income (Division B income)? Case B. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case C. What is Mr. Minutelli's Net Income (Division B income)? Case C. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case D. What is Mr. Minutelli's Net Income (Division B income)? Case D. What is Mr. Minutelli's Net Income (Division B income)? Case D. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? The following four Cases make different assumptions with respect to the amounts of income and deductions of Kirk Minutelli for the current year. Required For each Case, calculate Mr. Minutelli's Net Income (Division B income). Indicate the amount and type of any loss carry overs that would be available at the end of the current year, or state that no carrv overs are available. Case A. What is Mr. Minutelli's Net Income (Division B Income)? Case A. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case B. What is Mr. Minutelli's Net Income (Division B income)? Case B. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case C. What is Mr. Minutelli's Net Income (Division B income)? Case C. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs? Case D. What is Mr. Minutelli's Net Income (Division B income)? Case D. What is Mr. Minutelli's Net Income (Division B income)? Case D. What is the amount and type of any loss carry overs that would be available at the end of the current year in this case, if any? (For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) What is the amount of net capital loss carry overs? What is the amount of non-capital loss carry overs
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