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If George Is 65 and in a Combined Marginal Tax

Question 59

Multiple Choice

If George is 65 and in a combined marginal tax bracket of 42 percent,then


A) he can save $840 on his taxes if he applies his son's $2000 of tuition amount.
B) he can save $840 on his taxes from his $2000 RRSP contribution.
C) he can save $840 on his taxes from his $2000 medical expenses.
D) All of the above are correct.

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