I have TFSA investments in ETFs. Do I need to report this in my tax return? Turbo Tax asks the question "Do you have income from Investments?" Will that be yes or no?
I have TFSA investments in ETFs. Do I need to report this in my tax return? Turbo Tax asks the question "Do you have income from Investments?" Will that be yes or no?
No, in most cases you don’t need to report any income (or losses) earned in a TFSA (Tax-Free Savings Accounts) account. This Canada Revenue Agency (CRA) page has more information on TFSAs: Tax-Free Savings Account (TFSA), Guide for Individuals