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than was required for RRSP. 2. Bond paid alimony payment of $12,000 during 2022 to the former Mrs. Bond. 3. At the end of 2022Mr.
than was required for RRSP. 2. Bond paid alimony payment of $12,000 during 2022 to the former Mrs. Bond. 3. At the end of 2022Mr. Bond has unused RRSP deduction room from prior years of $8,900. Mr. Bond has asked you to do the following: A. Determine the maximum RRSP deduction that Mr. Bond can make for the 2023 taxation year. Remember to show all your work to get full marks. (14 marks) B. What additional planning step would you advise him to take in connection with his RRSP in 2023? (1 mark)
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