1: Randall receives a $4,200 monthly payment from a registered annuity. He calculates that 65.2% of the
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1: Randall receives a $4,200 monthly payment from a registered annuity. He calculates that 65.2% of the payment is a return on capital and the rest is interesting. What portion of the payments would be taxable?
2: Tony earned $80,000 last year, and there was a $4,800 pension adjustment. He will earn $84,000 this year. How much can he contribute to his RRSP this year, and what is his taxable income this year?
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