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During 2020, Mr.Orlando had net employment income of $35,000, made spousal support payments of $8,000 as well as child support payments for his 10 year
During 2020, Mr.Orlando had net employment income of $35,000, made spousal support payments of $8,000 as well as child support payments for his 10 year old daughter of $12,000, received an inheritance of $50,000 and had a net rental loss of $2,000. His Earned Income for RRSP purpose for the year 2020 would be:
A. | $53,000 | |
B. | $25,000 | |
C. | None of the above. | |
D. | $41,000 | |
E. | $103,000 | |
F. | $43,000 | |
G. | $33,000 |
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