Time Left:0:45:48 817&ispry=&drc=0&q=503215&cfql=0&dnb Sukhdeep Kaur: Attempt 1 Question 4 (10 points) Alex Braun just tumed 65 in 2018, he is a very successful entrepreneur and runs an on-line consulting business. During 2019, his business income grossed over $900,000 and his Net Incom For Tax Purposes and Taxable income of $350,000. Being self-employed he paid both the employer's and employee's portion of CPP contributions After renting for years, Alex and his partner Jack bought their dream home for $2.5 million and live there with their two kids. His partner Jack is 63 years old has net income for tax purposes of $5,850. They have two children, Sonia who is 10 years old and Zack who is 8 years old. Neither child has any income during the year. The family's eligible medical expenses were as follows: Alex Jack $ 1.800 Sonia 1.200 Zack 4,600 3.700 Total $11.300 Required: Calculate Alex's minimum federal Tax Payable for 2019. Indicate any carry forwards available to him and his dependants and the carry forward provisions O Time Left:0:45:48 817&ispry=&drc=0&q=503215&cfql=0&dnb Sukhdeep Kaur: Attempt 1 Question 4 (10 points) Alex Braun just tumed 65 in 2018, he is a very successful entrepreneur and runs an on-line consulting business. During 2019, his business income grossed over $900,000 and his Net Incom For Tax Purposes and Taxable income of $350,000. Being self-employed he paid both the employer's and employee's portion of CPP contributions After renting for years, Alex and his partner Jack bought their dream home for $2.5 million and live there with their two kids. His partner Jack is 63 years old has net income for tax purposes of $5,850. They have two children, Sonia who is 10 years old and Zack who is 8 years old. Neither child has any income during the year. The family's eligible medical expenses were as follows: Alex Jack $ 1.800 Sonia 1.200 Zack 4,600 3.700 Total $11.300 Required: Calculate Alex's minimum federal Tax Payable for 2019. Indicate any carry forwards available to him and his dependants and the carry forward provisions O