Which turbotax do I need for TFSA and stocks.

Hi all. I openned a TFSA high interest rate account in 2018 and was curious about which type of Turbotax softwere will I need to file my taxes. Then in 2019 I openned another TFSA account at a Canadian bank to buy stocks (both US and Canadian) and I'm not sure what softwere will I need.

1102

New Member

Feb 24, 2020 9:02:24 AM

I have an existng TFSA. Where do i report or which line do i report my contributions for 2019.

Expert Alumni

Feb 24, 2020 9:46:57 AM

TFSA contributions are neither taxable or deductible. They do not need to be on your return.

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Which turbotax do I need for TFSA and stocks.