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(a) A different John is retired. One year, his pension income is $50,000. In the same year he withdraws $10,000 from his RRSP. Based on
(a) A different John is retired. One year, his pension income is $50,000. In the same year he withdraws $10,000 from his RRSP. Based on this information, fill in John's Taxable Income in the table below: Pension income Withdrawal from RRSP Taxable income $50,000.00 $10,000.00 (b) A different Richard is retired. One year, his pension income is $50,000. In the same year he withdraws $10,000 from his TFSA. Based on this information, fill in Richard's Taxable Income in the table below: Pension income Withdrawal from TFSA Taxable income $50,000.00 $10,000.00
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