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April 10, 2024
Question

Can I claim investment council fees for my RRSP and TFSA?

  • April 10, 2024
  • 1 reply
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    1 reply

    April 10, 2024

    As per our TurboTax article: Claiming Carrying Charges and Interest Expenses

    Fees to manage or take care of your unregistered investments. Fees you paid for services in connection with your Pooled Registered Pension Plan (PRPP), Registered Retirement Income Fund (RRIF), Registered Retirement Savings Plan (RRSP), or Tax-Free Savings Account (TFSA) do not qualify as these are “Registered Investments”. 

    This information can also be found in the Canada Revenue Agency (CRA) link: Line 22100 – Carrying charges, interest expenses, and other expenses

     

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