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- Tue Sep 24, 2024 4:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: TFSA, reporting requirements and possible penalties
- Replies: 3
- Views: 2579
Re: TFSA, reporting requirements and possible penalties
Anna2024 wrote: > Hello, > > I become aware while reading this forum that Canadian TFSA has some > extensive reporting requirements and penalties up to 50% of the amount held > in the account if not properly disclosed. > > I probably have some $500 in my TFSA. Is a reporting hassle of this account >...