GREY:CRIUF - Post by User
Comment by
deisman03on Feb 18, 2018 3:19am
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Post# 27579692
RE:Request.......
RE:Request....... They have to be added to your earnings and taxed accordingly. Remember to use use your brokerage fees as deductions.
Unlike a couple of US trusts I was invested in the company doesn't deduct taxes at the source.
If you're invested in an RRSP or TFSA then you don't have to worry about them at all. Only in the RRSP, if you withdraw any of the money. Then, only what you withdraw is taxable and must be added to your other earnings. The distributions do not qualify as deductions for adding to your RRSP.