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RRSP Contribution Deadline and Giveaway Reminder

RRSP Deadline and Contribution Limit

A quick reminder that the RRSP deadline is fast approaching.  For tax year 2009, the last day to contribute is Monday March 1st, 2010.   Your RRSP contribution limit should be on last years Notice of Assessment (NOA) or 18% of your last years earned income up to a maximum contribution of $21,000 (providing you don’t contribute to a pension).

As well, if you want to contribute for the tax deduction, but don’t know what to invest in, simply deposit the cash and decide what to invest in later.  Here are some RRSP discount brokerages to consider.

UFile Giveaway

With the income tax filing deadline looming, UFile has given MDJ 10 copies to giveaway.  If you are interested in entering the giveaway, check out our UFile review.  Hurry, entries will close tomrorow, 5pm Saturday Feb 20, 2010 .

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7 Comments

  1. Doug King on February 19, 2010 at 1:04 pm

    Have used UFile a few times. Found it simple to use.

  2. Linda on February 19, 2010 at 4:22 pm

    Thanks for the Info. I use UFile for my kids taxes. May switch to it for my husband and I this year. Is more affordable; easy to use and reliable

  3. DavidV on February 19, 2010 at 6:29 pm

    Don’t forget Studiotax. Free and easy to use if you have the documents in front of you.

  4. RochelleP on February 20, 2010 at 12:31 pm

    I have used quicktax the past several years. I find it easy to use and we can do up to 8 returns with the one purchase.

  5. Doctor Stock on February 21, 2010 at 1:06 am

    I was looking at the link for RRSP discount brokers… seems the fee structure is out of date… do you have updates? Or am I mistaken?

  6. Kathryn on February 21, 2010 at 12:24 pm

    We’re switching to ufile this year because we found out it’s free for students and my husband is a full time PhD student. Here is the link if there are any other full time students. http://www.ufile.ca/Home/cfs.asp

  7. NBA on February 22, 2010 at 9:53 am

    Don’t forget Studiotax. Free and easy to use if you have the documents in front of you. I have used quicktax the past several years. I find it easy to use and we can do up to 8 returns with the one purchase.

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