Since openning her TFSA in 2020 (18 years old), Aaida has contributed the maximum TFSA dollar limit each year. In Jan 2020, She deposisted 6,000 so she had effictively maxed out her TFSA room.

How much had she contributed as of her last deposite in 2020?

Aaida took out 5,000 in Feb for a trip she was planning to take. Unfortunately, due to Covid the trip was cancelled. She wants to know if and when she can deposit the money back into her TFSA

A) She can depost it right away, there are no restrictions

B)She cannot deposit the money once its been withdrawn

C)She can deposit the money in 2021 and it will count towards her 2021 contribution room

D)She can deposit the money in 2021 and will be added to her 2021 contribution room

E)She can deposit only interest and earnings back into her TFSA, but with no restrictions on timing