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    kay31
    New Member

    Can I claim investment commission when I buy or sale stock within a RRIF?

     
    posted
    ‎October 30, 2019 2:15 PM
    last updated ‎October 30, 2019 2:15 PM
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    TurboTaxKim
    Level 15

    Can I claim investment commission when I buy or sale stock within a RRIF?

    Fees paid to manage Registered Accounts are not deductible as "carrying charges and interest expenses". Registered accounts include RPPs, RRSPs, RRIFs, LIFs and TFSAs.

    The following CRA link explains this in greater detail.

    https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re... 

    ‎October 30, 2019 2:15 PM
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