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New Member
posted Oct 30, 2019 10:16:14 PM

It's asking if I had any income from investments. I have a TFSA account and have purchased index funds, but I haven't sold any. How do I answer?

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1 Best answer
Level 15
Oct 30, 2019 10:16:15 PM

If you hold investments in a TFSA, there is no tax reporting done by you. CRA does have on record any contributions and withdrawals you do make to your TFSA, these can be viewed in your CRA My Account.

Your index funds do not get reported on your tax return until you actually make a sale. So you can answer "No" to this question if you have no other investments.

2 Replies
Level 15
Oct 30, 2019 10:16:15 PM

If you hold investments in a TFSA, there is no tax reporting done by you. CRA does have on record any contributions and withdrawals you do make to your TFSA, these can be viewed in your CRA My Account.

Your index funds do not get reported on your tax return until you actually make a sale. So you can answer "No" to this question if you have no other investments.

New Member
Oct 30, 2019 10:16:16 PM

Much appreciated thank you