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27 Edmund became a permanent Canadian resident in 2017 and he maxed out his TFSA contributions at the beginning of every year since then. He
27 Edmund became a permanent Canadian resident in 2017 and he maxed out his TFSA contributions at the beginning of every year since then. He invested a total of $23,000 between 2017 to 2020 and the account had grown to $29,000 by mid-2020. Edmund decided to cash out $8,000 in Aug 2020 to pay for his living expenses as he lost some of his income due to the pandemic. He became fully-employed again in Nov 2020 and had the means to contribute into TFSA. How much more could he contribute in 2020? O $8,000 $0 O $6,000 O $14,000
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