Re: TFSA top up at $1.92

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MunchieMixster

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Re: TFSA top up at $1.92

in response to

Re: TFSA top up at $1.92

flapsupgearup

posted on Jan 05, 2012 12:22PM

Flaps,

I have completed this kind of transaction last year with TD Waterhouse and this year with RBC Discount Brokerage.

The shares are transferred in kind. You do however have to claim a disposition/sale from the cash account when you are doing your tax return for the year. The capital gain does not have to be paid the day you do the transfer.