FormerXBC Inc XEBEQ

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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

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FormerXBC Inc > Lol 10.07 New High

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Comment by Andyoil1on Jan 04, 2021 11:29am

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Post# 32215238

RE:RE:RE:RE:RE:RE:Lol 10.07 New High

TFSA withdrawal rules

If you withdraw any amount within Jan 1-Dec 31st, you cannot just go ahead and add this back to the TFSA in that same calendar year. You have to wait and add those funds back in, in the new calendar year. For example, I withdraw 12,000 from my TFSA on June 6, 2020. I have to wait until Jan 1, 2021 to add these funds back to the TFSA.
As well, any transfer into your TFSA must still only be up to the eligible yearly amount, hence for 2021, its 6,000, so if you are transferring in anything this year, it has to be no more than 6k (unless you have some carry forward room as per the above).

i know all of this as I have done it!! Lol

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