Martha Stewaard, a Canadian resident for income tax purposes, has the following income for 2021 and...

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Martha Stewaard, a Canadian resident for income tax purposes, has the following income for 2021 and 2022: Income from employment Gross salary...... Less contribution to employer's RPP 2021 $165,000 (3,500) 161,500 2022 $170,000 (6,000) 164,000 Income from property Taxable dividends from Canadian public corporations ..... 45,000 35,000 Gross-up (38%). 17,100 13.300 62,100 48,300 Bank interest received... 4,900 3,700 67,000 52,000 Rental income-gross. Deductible rental expenses. Other income Alimony (spousal support) payments received..... 18,000 18,000 Loss from business Share of loss from partnership.... (38,000) (29,000) RRSP Deduction . . . . (15,000) (12,000) $272,600 $264300 38,000 42,000 (21,000) (19,000) 84.000 75,000 Martha has asked you to determine the maximum RRSP contribution that she can deduct in 2023. Assume that Martha was an active member of the partnership and that her pension adjustment for 2021 and 2022 was $6,000 and $11,000, respectively. Martha's 2021 RRSP deduction for $25,000 was the maximum available for 2021. She has also contributed and deducted the maximum available to her for 2020 and all prior years and therefore unused RRSP deduction room on her 2021 Notice of Assessment of $10,000. She make a contribution of $1,000 per month (12 months) RRSP contribution for 2022, and has not made any RRSP contributions during the 2023 calendar year. Martha put $14,000 into her self- administered RRSP on February 12, 2024. Martha Stewaard, a Canadian resident for income tax purposes, has the following income for 2021 and 2022: Income from employment Gross salary...... Less contribution to employer's RPP 2021 $165,000 (3,500) 161,500 2022 $170,000 (6,000) 164,000 Income from property Taxable dividends from Canadian public corporations ..... 45,000 35,000 Gross-up (38%). 17,100 13.300 62,100 48,300 Bank interest received... 4,900 3,700 67,000 52,000 Rental income-gross. Deductible rental expenses. Other income Alimony (spousal support) payments received..... 18,000 18,000 Loss from business Share of loss from partnership.... (38,000) (29,000) RRSP Deduction . . . . (15,000) (12,000) $272,600 $264300 38,000 42,000 (21,000) (19,000) 84.000 75,000 Martha has asked you to determine the maximum RRSP contribution that she can deduct in 2023. Assume that Martha was an active member of the partnership and that her pension adjustment for 2021 and 2022 was $6,000 and $11,000, respectively. Martha's 2021 RRSP deduction for $25,000 was the maximum available for 2021. She has also contributed and deducted the maximum available to her for 2020 and all prior years and therefore unused RRSP deduction room on her 2021 Notice of Assessment of $10,000. She make a contribution of $1,000 per month (12 months) RRSP contribution for 2022, and has not made any RRSP contributions during the 2023 calendar year. Martha put $14,000 into her self- administered RRSP on February 12, 2024.