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From 2009 to 2023, Pierre contributed the maximum allowable to his TFSA, $88,000. His $88,000 TFSA contribution has grown to $200,000, as of November 6,
From 2009 to 2023, Pierre contributed the maximum allowable to his TFSA, $88,000. His $88,000 TFSA contribution has grown to $200,000, as of November 6, 2023. On November 6, 2023, he withdraws $200,000 from his TFSA. How much can he contribute back to his TFSA in 2024, given that the 2024 contribution limit is $6,500
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
