Jean and Dan both work. Each earns a salary of $46,000, but only Jean is a member of a registered pension plan. Both she and her employer contribute 2 percent of her gross salary to a defined contribution pension plan. Jean has no unused RRSP room carried forward as she has maxed out her RRSP each year. Dan has $15,000 of unused RRSP contribution room carried forward showing on his Notice of Assessment. Calculate the maximum RRSP contribution that each can make this year. (Omit the "S" sign in your response.) Taximun FCP contribution Jean 6440 Den 23280

CONCEPTS IN FED.TAX.,2020-W/ACCESS
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ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter6: Business Expenses
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Jean and Dan both work. Each earns a salary of $46,000, but only Jean is a member of a registered pension plan. Both she and her
employer contribute 2 percent of her gross salary to a defined contribution pension plan. Jean has no unused RRSP room carried
forward as she has maxed out her RRSP each year. Dan has $15,000 of unused RRSP contribution room carried forward showing on
his Notice of Assessment. Calculate the maximum RRSP contribution that each can make this year. (Omit the "S" sign in your
response.)
Maximun KRSP contribution
Jean
6440
3
Ran
23280
Transcribed Image Text:Jean and Dan both work. Each earns a salary of $46,000, but only Jean is a member of a registered pension plan. Both she and her employer contribute 2 percent of her gross salary to a defined contribution pension plan. Jean has no unused RRSP room carried forward as she has maxed out her RRSP each year. Dan has $15,000 of unused RRSP contribution room carried forward showing on his Notice of Assessment. Calculate the maximum RRSP contribution that each can make this year. (Omit the "S" sign in your response.) Maximun KRSP contribution Jean 6440 3 Ran 23280
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