Question
Ernie has $10,000 in TFSA contribution room available for 2013. He withdraws $5,000 from his TFSA in June 2013, and then contributes $15,000 in August,
Ernie has $10,000 in TFSA contribution room available for 2013. He withdraws $5,000 from his TFSA in June 2013, and then contributes $15,000 in August, 2013. What is the balance of Ernie's TFSA contribution limit (positive or negative) after his August contribution?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
