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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products. Mikra's products consists of Focus, Protect, Serenity, and CELLF.


TSXV:LFST - Post by User

Comment by randomtaskon Dec 24, 2020 4:15pm
39 Views
Post# 32181621

RE:You're losing it randomtask

RE:You're losing it randomtask

Read my post you muppet, you can recontribute any withdrawal amount from the previous year the following January.  I highlighted it for you since you're so daft.

You've proved today to the board just how little you know and just how much you actually lie.  You're an embarrassment


whisky11 wrote: randomtask - (12/24/2020 3:48:36 PM) 

RE:Yeah ,that's what I said, bordering insanity

no, you're wrong again lhama.  Withholding tax is 10% 0-5k, 20% 5-15k and 30% for RRSP or RRIF withdrawals over the minimum. Ultimately it gets added to your income and taxed at your MTR accordingly, so really the withholding tax is only to reduce the tax liability owing at tax time.

Secondly, you can always recontribute to your TFSA whatever you took out the previous plus your current year additional room.  In your example, you could do 106k.  

Stop giving out any advice, you're possibly the daftest person I've ever communicated with.

lastly, multiple times you've said you sold stock to buy this fake property you keep spewing about.

stop lying about your holdings, stop lying about your fake properties and for the love of everything good never ever give tax or tfsa advice to anyone.  Wow, to this day I'm still baffled at your stupidity 


whisky11: like I said before in my case I would have to pay tax 

Replacing withdrawals

If you decide to replace or re-contribute all or a portion of your withdrawals into your TFSA in the same year, you can only do so if you have available TFSA contribution room. If you re-contribute but do not have contribution room, you will have over-contributed to your TFSA in the year. You will be subject to a tax equal to 1% of the highest excess TFSA amount in the month, for each month that the excess amount remains in your account.

For more information on withdrawing amounts from your TFSA, contact your TFSA issuer.




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