Report TFSA accounts on Form 8938?

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serbinski_new123
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Joined: Sun Mar 17, 2019 6:37 pm

Report TFSA accounts on Form 8938?

Post by serbinski_new123 »

Hi All!
I am unsusre if this question was asked before, I did try to look but could only find one post that was relevant.

Would I have to report TFSA accounts in form 8938 if I already am reporting those accounts in 3520 and 3520A? Would I have to report it twice? When I searched for it, I found a post by MGeorge and he/she mentioned that they did not report on 8938 because it got reported in 3520. When I submitted my tax in 2017, I followed this advice and did not report TFSA accounts in 8938. I am wondering now if I should include TFSA accounts in form 8938 this yeard and then later on amend 2017s tax to include it?

MGeorge's post here - viewtopic.php?f=2&t=4187&p=49530&hilit=tfsa+8938#p49530

Thank you!
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