Question: Question 1 4 ( 1 point ) Mehrdad contributed $ 1 0 , 0 0 0 to an RRSP ten years ago when he was
Question point
Mehrdad contributed $ to an RRSP ten years ago when he was years of age. On Mary the FMV of the RRSP is $ due solely to eligble dividends reinvested by the fund. On May Mehrdad withdrew $ from his RRSP Which of the following statements is correct?
Fin income tax payable will be reduced by the pension income credit on $ of pension income
His net income will be increased by the sum of the $ recelved plus the gross up on $ of eligible dividends
His net income will beOreosed by $
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