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Which of the statements is correct for john bookman

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Problem 1: For the 2019 taxation year, John Bookman had a taxable capital gain of $45,000 and a net business loss of $45,000, resulting in a Taxable Income of nil. Which of the following statements is correct?

A. John must file a tax return on or before June 15, 2020
B. John is not required to file a tax return for 2019
C. John must file a tax return on or before April 30, 2020
D. John must file a tax return on or before December 31, 2020

 

Reference no: EM132686002

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