help with tax problem In 2020 a qualifying taxpayer sold shares...

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Accounting

help with tax problem
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In 2020 a qualifying taxpayer sold shares in a QSBC for $21,000 which has an ACB of $15,000. The taxpayer used $283,000 of the capital gain deduction in 2017. Calculate the taxpayer's taxable income from the sale in 2020. (round to the nearest dollar)

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