Last year, Caroline earned $ 4 5 , 0 0 0 . In August of this year,

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Question:

Last year, Caroline earned $

45, 000 .

In August of this year, Caroline contributed $

6, 410

to an RRSP

.

Assuming she does not have an RRSP carryforward and she incurred a pension adjustment of $

3, 690,

what is the MAXIMUM amount Caroline can deduct as an RRSP contribution on her tax return for this year?

Posted Date: May 06, 2024 01:16 AM

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Last year, Caroline earned $ 4 5 , 0 0 0 . In August of this year,

Question:

Expert Answer:

To calculate Carolines maximum RRSP deduction for this year we start with her earned income from la... View the full answer

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