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this is all obe bug question d. The costs of selling a home are always allowed. Required: Determine Paul's netincome for tax purposes for the

this is all obe bug question
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image text in transcribed
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d. The costs of selling a home are always allowed. Required: Determine Paul's netincome for tax purposes for the year ended Decembet 31,2021 by dragging the best option and dropping it in the empty box for each item. For each item, if there is an amount that should be inciuded into income, you will select the best numenical resporse and drafjarop into the empty box. If there is no amount to include into income for an item, then you would drag the "NiL" option into the enpsy box. 1. Paul works for a large Canadian Public Company. H1- -alarvis $161,000. During the year his employer transfered himftrom Vancouver to Toronto. Details of his move are below. 2. Paul's employer withheld the following amounts from his income: sessions with clients. Revenue earned in the year was $25,000 His total vehicle costs are: 6. Paul uses 25 percent of his personal residence as an oflice. During 2021, the costs atsocimed wath tis torte wase astaliss. His total home office expenses are His net business income based on notes 4 to 6 above is "? 7. Paul sold a piece of furniture in the year for $12,000. The cost of this futniture was only $500 His takiabls catiti ga in is (related to note 3 above). What amount will be included into his net income. If any? 9. Paul paid $410 imonth in child support. and. $620 imonth in spousal support. All payments were made in tuin in 2021 . His deduction for child support will be: His deduction for spousal support wil be: d. The costs of selling a home are always allowed. Required: Determine Paul's netincome for tax purposes for the year ended Decembet 31,2021 by dragging the best option and dropping it in the empty box for each item. For each item, if there is an amount that should be inciuded into income, you will select the best numenical resporse and drafjarop into the empty box. If there is no amount to include into income for an item, then you would drag the "NiL" option into the enpsy box. 1. Paul works for a large Canadian Public Company. H1- -alarvis $161,000. During the year his employer transfered himftrom Vancouver to Toronto. Details of his move are below. 2. Paul's employer withheld the following amounts from his income: sessions with clients. Revenue earned in the year was $25,000 His total vehicle costs are: 6. Paul uses 25 percent of his personal residence as an oflice. During 2021, the costs atsocimed wath tis torte wase astaliss. His total home office expenses are His net business income based on notes 4 to 6 above is "? 7. Paul sold a piece of furniture in the year for $12,000. The cost of this futniture was only $500 His takiabls catiti ga in is (related to note 3 above). What amount will be included into his net income. If any? 9. Paul paid $410 imonth in child support. and. $620 imonth in spousal support. All payments were made in tuin in 2021 . His deduction for child support will be: His deduction for spousal support wil be

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