https://turbotax.community.intuit.ca/community/getting-started/discussion/i-would-like-to-know-if-it-is-possible-to-use-a-tfsa-account-as-a-tax-exception-considering-that/01/3844922#M45887 Thu, 19 Mar 2026 15:07:15 GMT fabiotitomotta 2026-03-19T15:07:15Z https://turbotax.community.intuit.ca/community/getting-started/discussion/i-would-like-to-know-if-it-is-possible-to-use-a-tfsa-account-as-a-tax-exception-considering-that/01/3844922#M45887 Thu, 19 Mar 2026 15:07:15 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/i-would-like-to-know-if-it-is-possible-to-use-a-tfsa-account-as-a-tax-exception-considering-that/01/3844922#M45887 fabiotitomotta 2026-03-19T15:07:15Z https://turbotax.community.intuit.ca/community/getting-started/discussion/re-i-would-like-to-know-if-it-is-possible-to-use-a-tfsa-account-as-a-tax-exception-considerin/01/3845306#M45897 <P>No. The <A href="https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account.html" target="_blank">TFSA</A> is not entered on your tax return and there is no deduction for contributions.&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/b093eaec-2bf6-45b1-9618-0399c1e55966.default.png" /></P> Thu, 19 Mar 2026 17:45:25 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/re-i-would-like-to-know-if-it-is-possible-to-use-a-tfsa-account-as-a-tax-exception-considerin/01/3845306#M45897 TurboTax_Susan 2026-03-19T17:45:25Z