Multiple Choice
Melanie,a homeowner,has mortgage interest of $3000,RRSP contributions of $1500,and charitable contributions of $500.According to her filing status,a basic personal amount of $11 138 is allowed.How much should Melanie deduct on her tax return?
A) Her only deduction is the $1500 RRSP contribution.
B) She can deduct $12 638,her basic personal amount and her RRSP contribution.
C) She can deduct $13 138,her basic personal amount,charitable donation and her RRSP contribution.
D) She has deductions of $2000 for her RRSP and charitable donation.
Correct Answer:
Verified
Correct Answer:
Verified
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