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Larry reported the following income for tax purposes in 2019 Employment Income (subsection A) $81,000 Dividends received from taxable Canadian corporation. (grossed up) 1,200
Larry reported the following income for tax purposes in 2019 Employment Income (subsection A) $81,000 Dividends received from taxable Canadian corporation. (grossed up) 1,200 Rental loss Total *-within this amount was a deduction for a current contribution to a RPP Additional Information (2,500) $79,700* $3,200 Larry's employer reported a Pension Allowance (PA) on his T4 for 2019 of $10,000 and Larry made a $5,000 of tax-deductible support payments for his former spouse in 2019 What is the maximum RRSP contribution Larry can deduct as an annual contrituion in 2020? Add your answer Integer, decimal, or E notation allowed
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