Question: Edwina's accountant correctly calculated her 2 0 2 2 RRSP deduction limit to be $ 1 7 , 3 2 5 . In 2 0

 Edwina's accountant correctly calculated her 2022 RRSP deduction limit to be $17,325. In 2022,having no undeducted contributions from prior years, Edwina contributed $9,395 to her RRSP. After making an optimal RRSP deduction in 2022, Edwina had unused deduction room of $9,540 at the end of 2022.

Edwina made no subdivision E deductions in 2023, and her accountant correctly calculated her 2023 RRSP deduction limit to be $14,270. 


Calculate Edwina’s maximum contribution without penalty in 2023.

 
 

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