Question
Jim is 45 and single and had earned income of $57,000 in 2020 and $62,000 in 2021. Jim's pension adjustment (PA) in 2020 was $3,500
Jim is 45 and single and had earned income of $57,000 in 2020 and $62,000 in 2021. Jim's pension adjustment (PA) in 2020 was $3,500 and in 2021 the PA was $4,000. Jim's 2020 Notice of Assessment showed unused RRSP room of $8,000. How much can Jim contribute to an RRSP for the 2021 taxation year?
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
