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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Edwinas Maximum RRSP Contribution in 2023 Based on th... View the full answer