What is annual required repayment

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Reference no: EM132866935

1) Homebuyer's Plan: In 2013, Thomas made HBP withdrawal totaling $20,000.

a) When does he have to start making repayments - what is the taxation year and the specific date on which he can last make a repayment?

b) What is his annual required repayment?

c) What happens if Thomas does not have the money required to make the annual repayment in 2016?

Reference no: EM132866935

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