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New Member
posted Oct 29, 2019 7:41:18 PM

Where TFS to go?

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1 Best answer
Level 6
Oct 29, 2019 7:41:20 PM

TFSA information does not have to be reported on your T1 tax return.
CRA keeps track of contributions by information received from financial institutions, and
your amounts are in any case made in after-tax dollars.

You only need to file a TFSA return if you over contribute.

1 Replies
Level 6
Oct 29, 2019 7:41:20 PM

TFSA information does not have to be reported on your T1 tax return.
CRA keeps track of contributions by information received from financial institutions, and
your amounts are in any case made in after-tax dollars.

You only need to file a TFSA return if you over contribute.