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Calculate maximum RRSP deduction that Edward can make

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Question - Edward had total income of $160,000 in 2020 and earned income of $150,000 from 2019. At the end of 2019, he had unused RRSP contribution room of $12,000. His pension adjustment from 2019 was $11,000. He anticipates a pension adjustment of $14,000 in 2020. Calculate maximum RRSP deduction that Edward can make for the 2020 taxation year?

Reference no: EM132797245

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