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ASAP PLEASE!!!! 10 PES Erica has income of $150,000, which is made up of spousal support payments for 2019. She is not a member of
ASAP PLEASE!!!!
10 PES Erica has income of $150,000, which is made up of spousal support payments for 2019. She is not a member of a RPP. She contributes $500 every month to her RRSP for the remainder of 2020 and for Jan/Feb. 2021. She also made a contribution at the end of February, to help reduce her tax bill of $20.000 At the end of 2019. her Unused RRSP Deduction Room was $12,000 and she has $2,000 undeducted contributions in her RRSP account T AB 1 REQUIRED: Calculate her 2020 RRSP Deduction Limit 2020 Unused RRSP Deduction Room and if any, carry forward of undeducted RRSP contributions Step by Step Solution
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