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New Member
posted Apr 9, 2024 6:31:53 PM

Can I claim investment council fees for my RRSP and TFSA?

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1 Replies
Intuit Alumni
Apr 10, 2024 6:31:22 AM

As per our TurboTax article: Claiming Carrying Charges and Interest Expenses

Fees to manage or take care of your unregistered investments. Fees you paid for services in connection with your Pooled Registered Pension Plan (PRPP), Registered Retirement Income Fund (RRIF), Registered Retirement Savings Plan (RRSP), or Tax-Free Savings Account (TFSA) do not qualify as these are “Registered Investments”. 

This information can also be found in the Canada Revenue Agency (CRA) link: Line 22100 – Carrying charges, interest expenses, and other expenses

 

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