I have capital gain on my TFSA that I must report on 3520a. (PartII).
On what line do I report those capital gains on my 1040? As they are long term cap gains, is there a different tax rate? Do I have to fill out Sched D?
Thanks! (I'm closing the TFSA ASAP:)
Search found 3 matches
- Fri Mar 21, 2014 2:44 am
- Forum: Canada / United States Tax & Accounting
- Topic: TFSA Capital Gains on 3520a and 1040
- Replies: 1
- Views: 1891
- Mon Apr 22, 2013 9:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: CESG grants taxable by IRS?
- Replies: 7
- Views: 6671
- Thu Apr 18, 2013 2:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: CESG grants taxable by IRS?
- Replies: 7
- Views: 6671
CESG grants taxable by IRS?
Are the CESG grants that called income by the IRS, or not? If yes, it would be somewhat useless to have a RESP for my kids
Thanks
Thanks