Question: Lindsay made a Registered Retirement Saving Plan (RRSP) contribution based on her CRA Notice of Assessment, which shows her the RRSP deduction limit (i.e. how
Lindsay made a Registered Retirement Saving Plan (RRSP) contribution based on her CRA Notice of Assessment, which shows her the RRSP deduction limit (i.e. how much she can contribute - note: her RRSP carry-forward amounts are nil as she has always maximized her annual contributions). She will claim the maximum contribution as a deduction in her 2019 personal income tax return. If she is in the highest marginal tax bracket, what will be her refund?? (ignore Non-Refundable Tax Credits) (see Tables A, D)
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