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Gunner is 20 years old. In 2021, he had no earned income and his 2021 NOA states that he has a 2022 RRSP deduction limit
Gunner is 20 years old. In 2021, he had no earned income and his 2021 NOA states that he has a 2022 RRSP deduction limit of $3,200. In 2022, he had net and taxable income of $65,000, all from employment. He contributed $1,700 into his RRSPs in 2022.
What should Gunner claim on Line 20800 to maximize his refund?
1. $0
2. $1,700
3. $3,200
4. $5,200
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