Unformatted text preview: (RRSP) of which he claimed $15,500 for 2007 and $2,500 for 2008. In November and December 2008, Mr. Big Shot contributed $600 to his new employer's defined-benefit, registered pension plan to which his employer also contributed and $446 to the Canada Pension Plan. His pension adjustment for 2007 was nil. On November 1, 2008, Mr. Big Shot received a reassessment notice in respect of his 2007 RRSP deduction reducing the amount from $15,500 to $11,250. Required : (a) Determine whether the $11,250 reassessment amount is correct. (b) Determine the deductible RRSP amount for 2008....
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This note was uploaded on 11/19/2010 for the course ACC 742 taught by Professor Sydor during the Spring '10 term at Ryerson.
- Spring '10