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Q1- During 2020, Mr. B makes a $7600 contribution to a new RRSP in which he is the registrant. His wife, Mrs. B, also makes
Q1- During 2020, Mr. B makes a $7600 contribution to a new RRSP in which he is the registrant. His wife, Mrs. B, also makes a $7600 contribution to his RRSP in 2020. In 2021, Mr. B makes a $16000 contribution to his own RRSP. Mrs. B makes a $5800 contribution to his RRSP, as well. In 2022, Mr. B withdraws $26700 from his RRSP. How much of this withdrawal will be included as income in Mr. B's return? Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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