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Question 28 f1 point) Fre years ago Marnie, aged 47. purchased a TFSA consisting of a growth equity sepregated fund with a 75%/100% guarantee structure

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Question 28 f1 point) Fre years ago Marnie, aged 47. purchased a TFSA consisting of a growth equity sepregated fund with a 75%/100% guarantee structure Unfortunately, Marnie now needs to liquidate the entire contract to meet an unexpected expense. Marie invested $20,000 when she opened the contract, and its market value is now $30.000 What will be the tax implications of closing the contract and cashing in the proceeds? Oal The insurer will withhold 89,000 as required by the CRA. an Marie will have to declare $10,000 as capital gain.Quem Od Marnie will have to declare $30,000 as income. and Marnie will not have to pay any taxes on the withdrawal 5.2.22 Transterom -sindic deposits

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