Which of the Following Would Produce the Largest Financial Benefit

Multiple Choice

Which of the following would produce the largest financial benefit to a tax payer who earns $96000 and is in the forty percent marginal tax bracket and the twenty five percent average tax bracket? Assume that all items are options of equal importance.

A) A $5000 contribution to his/her child's RESP
B) A $5000 medical expense amount for orthodontics
C) A $5000 contribution to his/her TFSA
D) A $5000 contribution to his/her RRSP