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Shelly Is Seeking Your Advice on How She Can Claim

question 30

Multiple Choice

Shelly is seeking your advice on how she can claim various deductions and credits.Which of the following items would reduce the amount of her Taxable Income? i.A net capital loss carried forward from a previous year.ii.A charitable donation.
Iii) Contributions to an RESP.
Iv) Childcare costs paid during the year.


Definitions:

Self-esteem

A person's overall sense of value or worth, or how much they appreciate and like themselves.

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep, leading to impaired daytime functioning.

Persistent

Exhibiting a steadfast and enduring determination in spite or because of obstacles and difficulties.

Medical Model

The approach in healthcare that treats mental and physical conditions primarily through the use of drugs, surgery, or other medical interventions, focusing on the biological aspects.

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