For the 2023 taxation year, John Bookman had a taxable capital gain of [tex]$45,000 and a business loss of $[/tex]45,000,
resulting in net and taxable income of nil. Which of the following statements is correct?
OA. John must file an income tax return on or before June 15, 2024.
B. John is not required to file an income tax return for 2023.
OC. John must file an income tax return on or before April 30, 2024.
OD. John must file an income tax return on or before December 31, 2024.

Question

09-08-2024
Mathematics

Answered

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For the 2023 taxation year, John Bookman had a taxable capital gain of [tex]$45,000 and a business loss of $[/tex]45,000,
resulting in net and taxable income of nil. Which of the following statements is correct?
OA. John must file an income tax return on or before June 15, 2024.
B. John is not required to file an income tax return for 2023.
OC. John must file an income tax return on or before April 30, 2024.
OD. John must file an income tax return on or before December 31, 2024.

Sagot :

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