On May $20$th your client turned $18$ and opened a TFSA with her local bank. On July $15$th $2020,$ she decided to make a $$6000$ contribution where she invested the funds in growth stocks. On November $15$th $2020,$ your client decided to make a withdrawal to purchase a new car. Your client was happy to see that her initial $$6000$ contribution grew to $$7500$ and withdrew the full amount.

Which of the following statements are not correct considering the above information $?$

i$)$ Amounts withdrawn from a TFSA are not recoverable

ii$)$ Your client can take advantage of the recoverable option, and deposit the funds back in their TFSA before the end of$$the year

iii$)$ While the funds are still in the TFSA any growth is tax free, even at time of withdrawal

iv$)$ The recoverable option has to wait until the next calendar year after the withdrawal

v$)$The maximum amount that your client could contribute to their TFSA in $2021$ is $$13,200$

ii$,$ iii, v

i$,$ iii

i$,$ ii$,$ v

ii$,$ iii