As a part time employee, Derek earns $20,000 per year.He recently started up his own business as a sole proprietorship.For the current year, his business revenues were $12,000 and his business expenses were $28,000.Derek has some investments that re- sulted in taxable dividend income of $1,400 and incurred interest expense of $2,000.Assuming this accounts for all of Derek's sources of income, what is his non-capital loss carry forward for the year?

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The Answer of As a part time employee, Derek earns $20,000 per year.He recently started up his own business as a sole proprietorship.For the current year, his business revenues were $12,000 and his business expenses were $28,000.Derek has some investments that re- sulted in taxable dividend income of $1,400 and incurred interest expense of $2,000.Assuming this accounts for all of Derek's sources of income, what is his non-capital loss carry forward for the year?

As a Part Time Employee, Derek Earns $20,000 Per Year