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New Member
posted Apr 12, 2023 12:26:07 PM

I invested in GICs in 2022. Do I report the interest that has been earned as of December 31, even if I have not received it yet?

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Moderator
Apr 14, 2023 4:40:34 PM

If the GICs are not registered accounts (TFSA, RRSP, etc), then yes you must report the interest income, even if you didn't get a T5 slip.