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Point 11 Davide made a $25,000 Registered Retirement Savings Plan (RRSP) contribution at his bank. He is a resident of Quebec and in the highest

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Point 11 Davide made a $25,000 Registered Retirement Savings Plan (RRSP) contribution at his bank. He is a resident of Quebec and in the highest tax bracket at 53.31%. How much of a refund can Davide expect to receive for making this contribution? A $11,673 B $15,786 RRSP's are similar to Tax-Free Savings Accounts (TFSAs) and are not tax deductible, no refund is expected D $13,328 E $25,000

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