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What is the maximum amount that individual may contribute

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For the years 2010 to 2017 an individual made annual contributions of $5,000 to their tax-free savings account (TFSA). In 2018 they made a contribution of $2.700. In 2019 they made a contribution of $3,000 and made a withdrawal of $1,700.

Problem 1: What is the máximum amount that the individual may contribute to their TFSA for 2020?

Reference no: EM132704029

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