Question
Laurie has been working full-time since graduating from Concordias JMSB in December 2019. She is a resident of Quebec and is looking to make her
- Laurie has been working full-time since graduating from Concordias JMSB in December 2019. She is a resident of Quebec and is looking to make her first Registered Retirement Savings Plan (RRSPs) contribution (including a catch-up for past years). Laurie is not part of a company pension plan. Calculate the maximum contribution that she can claim as a deduction on her 2020 personal income tax return. (see Table D)
Lauries annual gross salary:
2017: $8,000 part-time at Starbucks while a student
2018: $10,000 part-time at Starbucks while a student
2019: $15,000 part-time at Starbucks while a student
2020: $60,000 full-time at the Royal Bank
2021: $65,000 full-time at the Royal Bank
- $7,280
- $19,800
- $16,740
- $28,440
- $5,940
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Mastering Airbnb Hosting
Authors: Benjamin Stone
1st Edition
979-8853536159
