Choom Holdings Inc CHOOF

TFSA are not subject to....................

[ggrellette]

losses or gains. So if you make money on a stock in your TFSA and sell it. You do not have to claim it as a capitol gains and viceversa you can not claim a loss either.

[Luc1979]

Yes you do need to claim it if you get audit trust me any gain income has to be reported thank god your not a financial adviser kol

[FordVictoria]

Whao, TFSA goes for tax free saving accounts, the benefit of having it is that any gains you do not have to declare capital gains it is tax free also any capital lose you can't declare it and carried forward so please inform yourself if you have been declaring capital gains from your TFSA well see a tax speciallist to modify your income tax and get the money back you paid to the goverment

[Luc1979]

Once you move the funds out of TFSA  you then report the gains, its only tax free if you remain it there so i heard