Question
Elizabeth passed away on August 13th, 2023. Her year-to-date income for 2023 was $16369. Elizabeth was a widow and had RRSPs totaling $139222. Through her
Elizabeth passed away on August 13th, 2023. Her year-to-date income for 2023 was $16369. Elizabeth was a widow and had RRSPs totaling $139222. Through her will, she left $85414 to her favourite charity.
What will Elizabeth's charitable donation tax credit be for 2023? Round to the nearest dollar. The highest marginal tax rate starts at $220,000.
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