My daughter was enrolled in Children’s Education Fund and her matured in 2020, doe she need to report this as capital gain.

[Psjeet11]

Thanks for asking. No, the Interest earned on the fund is not a capital gain, it is deemed as a separate income from investments. The beneficiary (your daughter) should have received a T4A slip from the source for the Investment or as other income. 

Educational Assistance Payments from a Registered Education Savings Plan (RESP) are shown in Box 042 and reported on Line 13000 – Other Income of your tax return.

Also, please read the TurboTax blog on T4A slips.

Thank you for choosing TurboTax. 

[guile2345]

Hello, Thank you for the information. 

I had not received any T4, and I am trying to reach out to CEFI. 

In the meanwhile, If I did not receive any T4 does that mean that I have nothing to report? 
As I have no idea what is interest earned on these fund. 

Regards, 

Young