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  4. SRS tax deduction is based on amount placed for the year, inclusive of what you invested for the year or only whats left in your SRS?
  • AO
    AOC SRS tax deduction is based on amount placed for the year, inclusive of what you invested for the year or only whats left in your SRS?

    SRS
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      Assuming as of Oct 2021, your total SRS contribution for 2021 is 12K, and in Nov 1 2021 you decided to invest it in DBS Savvy 6, will your tax deduction for 2022 will be 12k or just 2k ( balance after you invested 10k)?
      I understand that the amount that they eligible for tax deduction is the amount you put in a year before you tax is due. Will they count the ones you invested for that year or just the balance?
      Thanks for your input..

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