Items such as registered retirement savings plans (RRSPs)contributions, moving expenses, and student loan interest payments will result in
A)a reduction in tax owing.
B)income reductions.
C)tax credits.
D)taxable income.

Question

Quizplus · Accepted Answer

These items typically result in a reduction in tax owing as they can be used to lower the amount of tax payable on your income.

Items Such as Registered Retirement Savings Plans (RRSPs)contributions, Moving Expenses