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    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
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    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
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