How much of this withdrawal will be included as income

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During 2017, Mr. B makes a $9800 contribution to a new RRSP in which he is the registrant. His wife, Mrs. B, also makes a $9800 contribution to his RRSP in 2017. In 2018, Mr. B makes a $15000 contribution to his own RRSP. Mrs. B makes a $5600 contribution to his RRSP, as well. In 2019, Mr. B withdraws $27100 from his RRSP. How much of this withdrawal will be included as income in Mr. B's return?

Mr. Renaud has 2019 earned income for RRSP purposes of $48000. His employer reports a 2019 pension adjustment of $2600. His unused RRSP deduction room carried forward from 2019 was $25000. During 2020, he contributes $3700 to his RRSP and chooses to deduct the full amount contributed. If Mr. Renaud wanted to deduct his maximum RRSP deduction, how much more would he have to contribute to do so?

Reference no: EM133175278

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