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#6) (5 Marks) Rodger R. R. Espee had the following incomes: 2016 2017 $55,000 $65,000 Employment Income Gross Salary Less: Income Tax CPP RPP Total

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#6) (5 Marks) Rodger R. R. Espee had the following incomes: 2016 2017 $55,000 $65,000 Employment Income Gross Salary Less: Income Tax CPP RPP Total Deductions from Paycheque $11,000 2,544 955 2,000 $12,000 2,564 836 1,600 16,499 17,000 Property Income: Taxable Dividends (Eligible) Net Rental Income (Loss) $900 $900 (1.500) (1.000) $3,400 Other Info: Pension Adjustment (T4) Unused RRSP Deduction Room $3,000 2,000 REQUIRED: 1. Determine the maximum amount Rodger can contribute and deduct for 2017 to his registered retirement savings plan. Show all calculations. 2. Rodger's wife Joan contributed and deducted $2,000 in 2017 to her own RRSP. If Rodger contributed $4,000 to his own RRSP, what is the maximum amount which he can contribute and deduet in 2017 to a spousal RRSP for Joan? Show all calculations. 3. If Rodger's made a contribution to his RRSP on February 6, 2018, Is he required to include this as a contribution for the 2017 tax year? #6) (5 Marks) Rodger R. R. Espee had the following incomes: 2016 2017 $55,000 $65,000 Employment Income Gross Salary Less: Income Tax CPP RPP Total Deductions from Paycheque $11,000 2,544 955 2,000 $12,000 2,564 836 1,600 16,499 17,000 Property Income: Taxable Dividends (Eligible) Net Rental Income (Loss) $900 $900 (1.500) (1.000) $3,400 Other Info: Pension Adjustment (T4) Unused RRSP Deduction Room $3,000 2,000 REQUIRED: 1. Determine the maximum amount Rodger can contribute and deduct for 2017 to his registered retirement savings plan. Show all calculations. 2. Rodger's wife Joan contributed and deducted $2,000 in 2017 to her own RRSP. If Rodger contributed $4,000 to his own RRSP, what is the maximum amount which he can contribute and deduet in 2017 to a spousal RRSP for Joan? Show all calculations. 3. If Rodger's made a contribution to his RRSP on February 6, 2018, Is he required to include this as a contribution for the 2017 tax year

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