Question 19 of 26 With respect to the maximum amount an individual can contribute to a...

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Question 19 of 26 With respect to the maximum amount an individual can contribute to a TFSA, This quiz: 26 point(s) pos This question: 1 point(s) Choose the correct answer OA. any amounts that are withdrawn from the account decreases the maximum annual contribution amount OB. if an individual does not contribute the maximum amount for a given year, it cannot be made up for in the future OC. any amounts contributed above the annual maximum amount are subject to a penalty tax OD. contributions not made in one tax year can be made up for in a subsequent year Retiring allowances are generally Choose the correct answer. A. included; other income B. excluded; taxable income OC. excluded; net income O D. included; other deductions Question 20 of 26 in the computation of This quiz: 26 pc This question: Question 19 of 26 With respect to the maximum amount an individual can contribute to a TFSA, This quiz: 26 point(s) pos This question: 1 point(s) Choose the correct answer OA. any amounts that are withdrawn from the account decreases the maximum annual contribution amount OB. if an individual does not contribute the maximum amount for a given year, it cannot be made up for in the future OC. any amounts contributed above the annual maximum amount are subject to a penalty tax OD. contributions not made in one tax year can be made up for in a subsequent year Retiring allowances are generally Choose the correct answer. A. included; other income B. excluded; taxable income OC. excluded; net income O D. included; other deductions Question 20 of 26 in the computation of This quiz: 26 pc This question:

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