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Assume today is Feb 11th of Year 3. You have the following information: Year 1 Year 2 Year 3 Contribution on Jan 19 Contribution
Assume today is Feb 11th of Year 3. You have the following information: Year 1 Year 2 Year 3 Contribution on Jan 19 Contribution on July 4 $2,400 $- $3,320 $ 1,994 $4,780 Beg of year undeducted contributions Beg of year unused deduction room Pension adjustment Pension adjustment reversal $29,411 $ 13,190 $1,949 $2,500 $690 $444 S- $- $700 5- Past service pesion adjustment $ 354 $775 S- Earned income RRSP Dollar Limit $110,000 $23,820 $ 175,000 $ 24.900 $ 26,000 How much could the taxpayer contribute today (Feb 11th, Year 3) without incurring a penalty?
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