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What is the maximum rrsp contribution

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Reference no: EM133162234

Question - Brendon contributed $10,000 to his RRSP in October 2021 and $10,000 to a spousal RRSP January 2022. Brendon had earned income of $120,000 in 2020 and $70,000 in 2021. Brendon's 2020 notice of assessment showed unused RRSP deduction room at the end of 2020 of $1,000. His 2020 T4 slip showed a pension adjustment of $4,000.

Required - Based on the above, what is the maximum RRSP contribution that Brendon can deduct for his 2021 personal tax return?

Reference no: EM133162234

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