Patty started the year with $14,000 in her RRSP. On February 14, Patty made a $3,000contribution to

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Patty started the year with $14,000 in her RRSP. On February 14, Patty made a $3,000contribution to her RRSP. Her RRSPs earn 6% a year compounded monthly. On April 15, shewithdrew $15,000 through the HBP. What effect, if any, does the withdrawal have on herRRSP tax deduction?

Posted Date: Nov 30, 2021 06:11 PM

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Patty started the year with $14,000 in her RRSP. On February 14, Patty made a $3,000contribution to

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The RRSP deduction limit is always 18 of your previous years pretax earnings or the amount set by CR... View the full answer

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