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Exercise 1: Subject: Earned Income Mr. Jarwhol Nacari has net employment income of $56,000 (he is not a member of an RPP), interest income of
Exercise 1: Subject: Earned Income Mr. Jarwhol Nacari has net employment income of $56,000 (he is not a member of an RPP), interest income of $22,000, net rental income of $2,500, and receives taxable support payments from his former spouse of $12,000 during the current year. What is Mr. Nacaris Earned Income for RRSP purposes for the current year?
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