Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 22, 2021 5:42:06 AM

If I invested in stocks this year through a TFSA, should I say yes to this question"did you have income from investments such as interest earned on investments,"?

0 1 509
1 Replies
Moderator
Apr 23, 2021 11:59:27 AM

Generally, interest, dividends, or capital gains earned on investments in a TFSA are not taxable either while held in the account or when withdrawn.

 

If you have TurboTax Live Assist & Review, here is how to talk to a Tax Expert: https://turbotax.community.intuit.ca/community/navigating-turbotax/help/i-m-using-turbotax-live-assist-review-how-do-i-talk-to-a-tax-expert/00/873764