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