AB tax in 2007 / [( {7 m; r8 P5 u7 p3 Z13% under 25k / C3 E, O- d e6 q21% under 50k9 z# `+ v& S- }0 X
25% under 75k$ \3 }$ n+ k5 O, i) ?7 p. S
29% under 125k * D* `) u2 F+ f, _/ G8 }7 `! g5 P" ^' C, E0 ]8 d
For the RRSP, I made a mistake. The contribution is in the yr and 60 days following the yr. It means that if u purchase any RRSP from Jan 1 2008 to March 1 2009, it is exempt from ur taxable income in 2008. 8 q5 b2 X3 @& S. e) y) d' L& r7 q/ h" N
The RRSP calculates very complicately and u should ask for professional help. One thing important is that u should not contribute more than u should be. If u contribute too much, there is at least 1% penanity until u take out the money. ~+ u) _+ e, I' k3 V' O
* @# \$ `/ L' w: B6 X7 h! O6 P& w
I am still a student and dont have any professsionl background in this area. therefore, it is not a good idea to provide helps. But if u have any question, always can ask for help from me.
sorry for the mistake' P- i1 R3 S. y
really appreciate that. 0 [; c J; n" m$ T) l% jas i mention above, i am a student and dont have any professional background. ; J% v8 G5 e5 J" M/ T) bstrongly recommend LZ to talk to professionals.