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Mr Jacob Johnson has net employment income of $55000 (after the deduction of $5100 in RPP contributions), business income of $19300, taxable dividends of $8,000,
Mr Jacob Johnson has net employment income of $55000 (after the deduction of $5100 in RPP contributions), business income of $19300, taxable dividends of $8,000, and pays deductible support payments to his former spouse of $19200 during the year. He also had a net rental loss of $10400. What is Mr. Johnson's Earned Income for RRSP purposes for the current year
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