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Which of the following items would be deducted in converting Net Income For Tax Purposes to Taxable Income? A deduction for the extra costs related to living in prescribed areas of the Canadian north

Taxation

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Which of the following items would be deducted in converting Net Income For Tax Purposes to Taxable Income?

 

		
A deduction for the extra costs related to living in prescribed areas of the Canadian north.



		
Current year business losses in excess of other positive sources of income.

		
A deduction for spousal support payments made during the year.





		
Current year allowable capital losses in excess of current year taxable capital gains.