Do you need to declare the guaranteed annual income system (GAINS) on your taxes
Although GAINS is a non-taxable benefit, you will receive a T5007 slip to enter the income on your return. TurboTax will deduct the income on the appropriate line so no tax will be applied.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
