Can I declare all the cpf money in line 256 and all of his will be considered as deductible?
I do not believe they are, but the complexity of international funds can vary from country to country; therefore, I would suggest that you contact the CRA to find out if your CPF is taxable.
Here is a link from the CRA on line 256 which will be of help to you:
Line 256 - Exempt foreign incomeContact CRA below:
https://www.canada.ca/en/revenue-agency/corporate/contact-information.html
And from Turbo Tax, please review below (if needed):
How do I report foreign income, pension, and other foreign amounts?I do not believe they are, but the complexity of international funds can vary from country to country; therefore, I would suggest that you contact the CRA to find out if your CPF is taxable.
Here is a link from the CRA on line 256 which will be of help to you:
Line 256 - Exempt foreign incomeContact CRA below:
https://www.canada.ca/en/revenue-agency/corporate/contact-information.html
And from Turbo Tax, please review below (if needed):
How do I report foreign income, pension, and other foreign amounts?grahamT
Returning Member
tstwchtbt
Returning Member
townrag
New Member
HelloTax
New Member
conanchu
New Member
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.