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In MY INCOME TAX PR...
 
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In MY INCOME TAX PREPARATION WITH TRADING IN A TAX FREE SAVINGS TRADING ACCOUNT, WHEN i GO TO DO MY TAXES THEN ALL THE TRADES THERE CAN BE BASICALLY INGORED AND AS ANY CAPITAL GAINS ARE NOT IMPORTANT TO FILLING OUT THE FORM?

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(@Anonymous)
Joined: 1 second ago
[#23]

Michael Vincent with a lot of trades in a tax free saving trading account, and hoping that they don't need to be referred when doing income tax..........


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Posts: 663
(@dexter)
Joined: 3 months ago

You do not have to report trades / sales made within a TFSA on your personal tax return. This is because any gains made within a TFSA are not taxable.


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