coff29
New Member

I want to claim interest charges for in investment loan made for the purpose of investing in mutual funds or securities

 

Investors and rental owners

To claim interest on an investment loan, go to Income > Investment expenses and select  "Interest paid to earn interest, dividend and royalty income".

Please note that you may only make this deduction if you expect to receive interest, dividend and/or royalty income from the mutual funds.  If your sole expectation of income is capital gains, you may not deduct the interest.

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