☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Oct 31, 2019 4:29:09 AM

I bought a bond within my TFSA. Can the accrued interest I paid be claimed as a carrying charge? Can an annual RRSP account fee be claimed as a carrying charge?

0 2 1692
1 Best answer
Level 15
Oct 31, 2019 4:29:10 AM

No, you are not able to claim any expenses or deductions for Carrying Charges for investments held with registered accounts. Registered accounts include RRIFs, RRSPs, TFSAs, etc.

2 Replies
Level 15
Oct 31, 2019 4:29:10 AM

No, you are not able to claim any expenses or deductions for Carrying Charges for investments held with registered accounts. Registered accounts include RRIFs, RRSPs, TFSAs, etc.

Level 1
Oct 31, 2019 4:29:12 AM

Thanks for the fast answer TurboTaxKim!