Mrs. Alison Lair has 2019 Earned Income for RRSP purposes of $43,500. She is not...
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Mrs. Alison Lair has 2019 Earned Income for RRSP purposes of $43,500. She is not a member of an RPP or a DPSP. At the end of 2019, her Unused RRSP Deduction Room was $5,100 and she has no undeducted contributions. During 2020, she contributes $7,000 to her RRSP and makes an RRSP deduction of $5,200. What is the amount of Mrs. Lair's Unused RRSP Deduction Room and undeducted RRSP contributions at the end of 2020?
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