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Do you need to declare the guaranteed annual income system (GAINS) on your taxes
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October 30, 2019
8:39 PM
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Self-employed
Although GAINS is a non-taxable benefit, you will receive a T5007 slip to enter the income on your return. TurboTax will deduct the income on the appropriate line so no tax will be applied.
October 30, 2019
8:39 PM