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New Member
posted May 21, 2020 9:29:29 PM

Are RRSP transaction fees deductible expense?

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1 Replies
Level 15
May 24, 2020 5:35:32 PM

No, interest paid, transaction or management fees for Registered Accounts such as RIFs or RRSPs are not claimable as a deduction for tax purposes.

 

This link from CRA specifies this where it says "fees other than". Line 22100 - Carrying charges and interest expenses