You are a CPA working in the tax group of a medium$-$sized accounting firm, Smith & Ross LLP$.$ This morning, the partner of the tax group approached you regarding new clients, Corrine and Tabib Carter. planning for their retirement. notes prepared by the partner's administrative assistant after his first meeting with the couple. The file and notes contain the following information.

View Part $1$ of the additional information. View Part $2$ of the additional information.

Required

Requirement $1.$ Complete the partner's request and calculate the RRSP contribution room for both Corrine and Tabib in $2022.$ The RRSP contribution limit in $2022$ is $$29,210.$

Contribution room for Corrine:

Contribution room for Tabib: $\frac{,}{b}ar(0)$

Part $1$ of additional information

Corrine was previously married. According to her divorce agreement, she must make monthly payments for the maintenance of her former spouse of $$500.$ Corrine indicated that she has always made all required spousal support payments.

A copy of Corrine's T$4$ slip for $2021$ shows gross salary of $$64,000.$ From this amount, the employer withheld the following amounts.

Income tax: $$15,500$

CPP: maximum for the year $($see the Tax Rate sheet$)$

El: maximum for the year $($see the Tax Rate sheet$)$

Registered Pension Plan $($RPP$)$: $$1,400$

Pension Adjustment $$4,100$

Other relevant information from Corrine's tax return for $2021$ is shown below.

Actual amount of eligible dividends: $$2,500$

Interest income: $$3,100$

Unused RRSP deduction room at the end of $2021$:$$5,100$

A copy of Tabib's statement of partnership income from the previous year shows that his income earned as an active partner was $$315,000.$ Tabib's law firm does hot provide pension plans for its partners.

Tabib owns a rental property and reported a net rental loss of $$3,700$ on his $2021$ tax retum.

Tabib owns some farm land in Alberta. There is an oil well located on this land, and Tabib receives some resource royalty income each year. In $2021,$ Tabib earned royalty income of $$6,520.$

Other relevant information from Tabib's $2021$ tax return:

Actual amount of ineligible dividends: $$12,600$

Interest income: $$8,800$

Unused RRSP deduction room at the end of $2021$ : $$900.$

Part $2$ of additional information

The following day, the tax partner informs you that the Carters have indicated that they have made the following contributions to various RRSP accounts during $2022.$

On March $20,$ Tabib made a $$12,500$ contribution to his RRSP account at TD Bank.

On July $3,$ Tabib made a $$4,000$ contribution to a spousal RRSP account for Corrine at Royal Bank.

On November $12,$ Tabib made a $$4,500$ contribution to an RRSP account in his own name at TD Bank.

On September $3,$ Corrine made a $$6,500$ contribution to an RRSP account in her own name at Scotiabank.

HW Score: $50\%,9$ of $18$ points

Points: $0$ of $3$

Question $10\mathrm{.}1\mathrm{.}14$

HW Score: $50\%,9$ of $18$ points

$(2.)$