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Roland named his wife Joan as beneficiary of his RRIF. At the start of the year, the market value of this RRIF was $250,000 and
Roland named his wife Joan as beneficiary of his RRIF. At the start of the year, the market value of this RRIF was $250,000 and his minimum withdrawal for the year is $13,248 paid monthly. After receiving 5 months of RRIF payment, Roland passed away. How much can Joan rollover tax free to her RRIF and how much will be attributed to Roland for tax purposes?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
