Discuss
Discover
  • Community basics
    • Support
  • TurboTax™
    • TurboTax.ca
    Open TurboTax

    Why sign in to the Community?

    • Submit a question
    • Check your notifications
    or and start working on your taxes
    Close icon
    Do you have a TurboTax Online account?

    We'll help you get started or pick up where you left off.

    Yes No
    cancel
    Turn on suggestions
    Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
    Showing results for 
    Search instead for 
    Did you mean: 
    dlang
    New Member

    What is a interest paid expense for investments?

    can i claim management fees for a TFSA account?
    posted
    ‎April 26, 2024 10:16 PM
    last updated ‎April 26, 2024 10:16 PM
    0
    1
    2,797
    Reply
    1 Reply
    TurboTaxSusan
    Moderator
    Moderator

    What is a interest paid expense for investments?

    No, administrative or other fees in relation to a TFSA and any interest on money borrowed in order to contribute to a TFSA are not tax-deductible. 

    ‎April 27, 2024 10:15 AM
    0
    2,642
    Reply

    Related Content

    Ayad1
    kcorcoran
    deepa-ps31-gmail
    lpaulose1454
    graymt