How much would I have to put into my RRSP to offset income tax on $190,000. I have lots of room in my RRSP account?

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TurboTax Canada provides a fantastic free tool called Canada RRSP Calculator 2020 that will help you figure out how much you can put into your RRSP to offset your $190,000 income tax.

You can use our easy-to-use calculator to crunch the figures and see how RRSPs can help. 

If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.