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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?

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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!