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How is the a nnual contribution room for a tax-free savings account (TFSA) calculated?
The current year's TFSA dollar limit, plus the amount of any withdrawals made in the current year, plus the amount of any unused contribution room.
The current year's TFSA dollar limit, minus the a mount of any with drawals made in the preceding year, minus the a mount of a ny unused contribution room.
The current year's TFSA dollar limit, plus the amount of any withdrawals made in the preceding year, plus the amount of any unused contribution room.
The current year's TFSA dollar limit, plus the amount of any withdrawals made in the preceding year, minus the amount of any unused contribution room.
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