TSX:BPF.UN - Post by User
Comment by
micromikeon Sep 07, 2021 4:56pm
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Post# 33822139
RE:RE:TFSA
RE:RE:TFSAExcept for this situation
At any time in the year, if you contribute more than your available TFSA contribution room you will have to pay a tax equal to 1% of the highest excess TFSA amount in the month, for each month that the excess amount stays in your account. For more information, see Tax payable on excess TFSA amount.