RRSP 题目

勇敢的胃

While reviewing John’s 2006 T1, you note the following carry-forward number.  His unused RRSP deduction room at the end of 2006 was $5,000.  His earned income for 2006 was $75,000 and his pension adjustment was $10,000.
+ h" Z7 z8 r7 P7 G. g- vJohn contributed $500 to his RRSP on September 15, 2007 and $4,000 on February 25, 2008.
, V) a3 z5 J- V2 U5 |, B& `Required:
* m' q7 l" Z2 e3 |What is the maximum RRSP deduction that John can claim on his 2007 personal tax return?

Xbfeng

The maximum RRSP deduction limit is $8,500 on his personal tax return. But he only contribute $4,500 before March 1st, 2008. Therefore, John only can claim $4,500 on his 2007 personal tax return. Then he still has $4,000 unused RRSP deduction room for 2008 tax return.