Be careful when transferring shares to your TFSA - The Globe and Mail
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3/4/2022 12:00:00 AM3 years 1 month ago
by John Heinzl
by John Heinzl
When you own shares with an unrealized loss and transfer them in-kind to a TFSA, you cannot claim the loss for tax purposes
I recently did an in-kind share transfer from my non-registered account to my tax-free savings account. This transfer was below the book value of the shares so I assumed it would be a capital loss bu… [+5118 chars]
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