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Level 1
posted Mar 7, 2020 10:03:32 AM

Multiple GICs

I have multiple GICs from the same bank. When declaring the interest can I lump them all together as one lump sum interest earned or do I have to list them separately? I did receive separate NR-4s for each GIC.

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1 Replies
Expert Alumni
Mar 7, 2020 10:21:49 AM

Yes, you can report all of the interest income as one entry.