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What is the MAXIMUM amount Beryl can contribute to her RRSP such that the entire amount can be deducted this year? Source of Income This

  1. What is the MAXIMUM amount Beryl can contribute to her RRSP such that the entire amount can be deducted this year?

Source of Income

This Year

Last Year

net income from employment

$68,750

$66,490

net self-employment income

$36,150

$17,100

medical research grant

$12,500

$ 4,850

deductible alimony payments paid out

$ 6,000

$ 6,000

child support payments paid out

$ 9,000

$ 9,000

supplementary unemployment benefits received

--

$ 3,250

net rental income / (loss)

$18,000

($ 3,800)

(re: Beryl's 100% ownership interest in a rental property)

contributions to defined-benefit RPP (employee portion only)

$ 3,438

$ 3,325

interest income from a Canada Savings Bond

$ 1,435

$ 1,120

taxable capital gains from the sale of common shares

$14,600

$ 8,450

Assume the RRSP contribution limit for this year is $27,830

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