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The following list contains Division C deductions: a. Charitable donations b. Employee stock option deductions c. Unused losses of other years d. Dividends from Canadian
The following list contains Division C deductions: a. Charitable donations b. Employee stock option deductions c. Unused losses of other years d. Dividends from Canadian corporations e. Capital gain deduction on certain property f. Dividends from foreign affiliates Required: Sort the deductions into the appropriate columns below. (Answers may be used more than once if applicable.) Corporation Net Income for Tax Purposes Individual Net Income for Tax Purposes Less: Taxable income Less: Taxable Income
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