Question
For 2019 year, Mr. Wilson had employment income of $40,000, a net rental loss of $16,000, taxable dividends from Canadian corporations of $6,000, interest income
For 2019 year, Mr. Wilson had employment income of $40,000, a net rental loss of $16,000, taxable dividends from Canadian corporations of $6,000, interest income of $1,000, and spousal support received of $7,000. He is not a member of a Registered Pension Plan or a Deferred Profit Sharing Plan. He has no Unused RRSP Deduction Room from previous years. What is his maximum RRSP contribution for the 2020 year? $
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobe
6th Edition
1292102993, 978-1292102993
