Calculate RRSP Deduction Limit

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Reference no: EM132797415

Problem - Erica has 2018 employment income of $160,000, 2018 taxable capital gains of $5000 and interest income of $1,000. She is a member of a RPP and her employer reports a Pension Adjustment(PA) of $10,200. She contributes $1,000 each month for the remainder of 2019 and Jan/Feb, 2020 to her RRSP. At the end of 2018, her Unused RRSP Deduction Room was $10,000 and she no un-deducted contributions in her RRSP account.

Required - Calculate her 2019 RRSP Deduction Limit, 2019 Unused RRSP Deduction Room and if any, carry forward of undeducted RRSP contributions.

Reference no: EM132797415

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