Ko

I thought we sorted this issue out..

But here it is..

IF yopu claim a tax loss and then rebuy in any other type of account with in the 30 day period , your loss will be dissalowed...AND you will be flagged for further audits...AND the mean dude will come to your place of residence ,tack your sac to a stump and push you over backwards...

And that would smart...

Here is some more stuff..

tax-free savings account (TFSA)

under which the taxpayer is a beneficiary or immediately after the disposition becomes a beneficiary.

Losses are not deductible on dispositions of property to a registered retirement savings plan (RRSP) if the taxpayer or taxpayer's spouse or common-law partner is an annuitant, or becomes an annuitant within 60 days after the end of the taxation year.

Tax tip: If you have a loss on shares, don't transfer them to your RRSP or TFSA.

Revised: January 01, 2009