It is February 2021 and Sandra is looking to maximize her RRSP contribution for a deduction on her 2020 income tax return. She has never been part of a Registered Pension Plan. What is the maximum amount that she can contribute to her RRSP and claim on her 2020 personal income tax returns (include carry-forward amounts)? She has provided you with the following information:

-Salary in 2018 $10,000 (part-time employment to help with her tuition when she was 19).

-Salary in 2019 $80,000. (full-time employment, she was 20).

-Salary in 2020 $85,000. (full-time employment, she was 21).

-Current salary in 2021 $90,000. (full-time employment, she is 22).

-RRSP contribution made previously and deducted on her 2019 tax return for $1,300

Registered Retirement Savings Plan (RRSP): Annual Limits Formula for RRSP contribution limit: 18% of your previous year's earned income less your previous year's pension adjustment to an annual maximum.
Year	Annual maximum contribution limit
2018	$26,230
2019	$26,500
2020	$27,230
2021	$27,830

• $14,900

• $31,640
• $17,840
• $18,000
• $19,140