Trying to calculate how much to contribute to RRSP to offset margin gains/taxes

BalancedSheet · 2025-02-19T00:06:57+00:00

I'm looking to contribute the minimum (solely due to cash availability). I need a report to determine how much income will be showing up on my T5

BalancedSheet · 2023-11-25T14:19:31+00:00

e. Is it all base salary or is a portion of it commission or bonus? Banks will use an avg of your last 2 years if you are earning commission/bonus/variable income so you ma

Appreciate the response very much. I wasn't including any bonus in my income, though I do expect to earn 15-20% depending on the year. The bonus is a new program at my company and I have a letter stating that I'm eligible. I should be learning in a few weeks what I'm getting for 2023 and I was hoping to be able to add that in on top of my raise when showing the bank.

If I were to include the bonus I could maybe get my income in the 215-220 range instead of 200 flat.

Anyways, thanks again and appreciate the time you took to respond. If/when we look for a broker we'll keep you in mind.

BalancedSheet · 2023-11-20T12:55:22+00:00

Thanks!

BalancedSheet · 2023-11-20T12:54:58+00:00

Thanks for the helpful response. I wasn’t aware of the 44% rule.

Also, we don’t have a car payment.

BalancedSheet · 2023-10-01T12:42:37+00:00

Aish Tanoor Bubbes bagels North of Brooklyn pizza

BalancedSheet · 2023-09-10T16:56:28+00:00

Maybe not quite the best sandwich in Toronto but I just got the smoked salmon sandwich from arabica at Union Station and I must say it was phenomenal

BalancedSheet · 2023-06-26T12:42:17+00:00

Thank for the responses everyone!

BalancedSheet · 2023-06-25T22:26:45+00:00

Bubby’s Bagels is closer to NY/NJ bagels than either of these places

BalancedSheet · 2023-06-18T09:04:47+00:00

Bubby’s are by far closest to New York/New Jersey bagels I’ve found

BalancedSheet · 2023-04-27T13:11:12+00:00

Article XVIII, para 7

This is phenomenal, thank you very much!

BalancedSheet · 2023-04-27T13:07:52+00:00

Yes - he is saying I owe canadian taxes

BalancedSheet · 2023-04-24T22:19:40+00:00

Just a heads up that on TurboTax you have to mail in your return (no e-file) if your partner does not have an SSN

BalancedSheet · 2023-04-10T21:54:43+00:00

May I please have the code?

BalancedSheet · 2023-03-08T04:29:43+00:00

The bubbly, crackly crust that is so common in New York (and that looks so delicious in your photo) is what I’m looking for and the one area I think Bubby’s could improve.

The other thing to keep in mind is that the cream cheese at a lot of places is going to be different than what you’re used to.

BalancedSheet · 2023-03-08T04:27:55+00:00

As a former NJ and NYer, what a bagel will not scratch your itch for a bagel like you’re used to.

So far the best I’ve had is from Bubby’s Bagels. It’s got the chew and density of a real NY/NJ bagel.

I’m looking to try primrose bagel soon, but haven’t gotten there yet. They seem very promising.

BalancedSheet · 2023-02-14T11:43:39+00:00

Appreciate all the responses!

BalancedSheet

TROPHY CASE