Lecture 4 - Soln to ex 9-5 RRSP

Lecture 4 - Soln to ex 9-5 RRSP - 11,640 2009 contribution...

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Solution to Exercise 9-6 2009 contribution limit: unused contribution room from 08 4800 lesser of: 1.) 18% x '08 earned income $38,000 6,840 2.) 2009 dollar limit 21,000 lesser amount is 6,840 - '08 PA - 2009 limit:
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Unformatted text preview: 11,640 2009 contribution 6,000 Amount deducted 4,500 unused contribution room at end of 2009 (11,640-6,000) 5,640 undeducted contributions at the end of 2009 (6,000-4,500) 1,500...
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