Questions tagged [canada-revenue-agency]
The canada-revenue-agency tag has no usage guidance.
4
questions
0
votes
2
answers
555
views
Can I withdraw money from my rrsp if I made excess contribution by mistake?
If by mistake, I exceed the contribution limit to my RRSP, can I withdraw it from my RRSP, to avoid paying penalty?
e.g Let us say my RRSP room is 18k, but I contributed 22k, so any contribution in ...
5
votes
1
answer
2k
views
How is Canadian capital gains tax calculated when I trade exclusively in USD?
99% of my entire net worth is denominated in USD, and I only trade in USD stocks & bonds.
Does Canadian capital gains tax only trigger when I attempt to convert those gains/losses into CAD? In ...
2
votes
1
answer
78
views
For how many years after I file my tax do I need to retain my documents
I have copies of t4 and rrsp slips sitting in my tiny condo and eating up valuable storage space since 2009.
Can I throw them away? How many years after you file a return are you required to keep ...
1
vote
1
answer
256
views
Contribute to RRSP without deducting?
I am in a lower income bracket, however, like the idea of contributing to an RRSP because any earnings within the plan are tax-exempt.
Is it possible to contribute to my RRSP, but not have it deduct ...