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New Member
posted Apr 12, 2023 2:06:19 PM

Are savings in another country moved to Canada in 2022 consider income?

I understand income as money you gain for working or investing, but savings were income gained in the past, so moving them to Canada does not mean you gained them again.

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Moderator
Apr 17, 2023 11:17:14 AM

You should contact the Canada Revenue Agency (CRA) and confirm it with them. 

 

If you are in Canada or the United States, you can call the CRA at 1-800-959-8281. If you are elsewhere, you can call 613-940-8495. This page has more ways to contact the CRA: Contact the Canada Revenue Agency