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Mr Jacob Johnson has net employment income of $54400 (after the deduction of $6300 in RPP contributions), business income of $13500, taxable dividends of $8,000,
Mr Jacob Johnson has net employment income of $54400 (after the deduction of $6300 in RPP contributions), business income of $13500, taxable dividends of $8,000, and pays deductible support payments to his former spouse of $16100 during the year. He also had a net rental loss of $9700. What is Mr. Johnson's Earned Income for RRSP purposes for the current year
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
