GREY:GLBCF - Post by User
Post by
Wisdomwithageon Feb 25, 2016 9:59am
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Post# 24593616
Some TFSA Clarification Needed
Some TFSA Clarification NeededHey Mates,
The rules are very simple:
if you contributed your original GCO shares to your TFSA before the "spin-off date", and you are within the contribution limit for the year, you do not need to file a TFSA Tax Return. Any spin-off is not considered an over contribution if it occurs inside your TFSA.
The only time you must file a TFSA occurs if you overcontribute in any year.
Cheers,
Brit