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February 19, 2024
Question

My taxable income shows as $29000…pension, CPP and RRSP I had tax deducted at source, but my Net Income still shows the same as my Taxable. Shouldn’t tax come off Net?

  • February 19, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    February 19, 2024

    Your RRSP deduction is removed for Net Income. You are credited for payroll tax, CPP & EI later in the return.