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April 30, 2024
Question

Bank carrying charges

  • April 30, 2024
  • 1 reply
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Who claims carrying charges (interest) on joint loan? 

    1 reply

    mishrak
    April 30, 2024

    Hi dunjean, 

     

    Thank you for posting your question. According to the CRA - Generally, you report your share of interest from a joint bank account based on how much you contributed to it.