Oa 8 8 88 Jessica is a resident of Alberta She withdraws $500 from her RRSP at the bank. The bank deducts $50 from the withdrawal by way of withholding tax. What is the significance of the withholdinga? $50 is all the tax Jessica will have to pay on the withdrawal $50 is an advance payment of tax for the year of withdrawal $50 is additional to the tax Jessica would normally pay for the year of withdrawal The bank made a mistake in deducting the withholding tax