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How can I report FHSA withdrawals in Taxtron ?

Your FHSA issuer will provide you a T4FHSA - First Home Savings Account Statement slip which will show:

  • Go to 'Form Manager' and search for the form ‘Schedule 15’'.
  • Fill out Schedule 15, FHSA Contributions, Transfers and Activities
  • This is the amount of taxable withdrawals made in the year from your FHSAs. Enter this amount on line 12905 of your income tax and benefit return.

Check for more information here at the CRA website : Reporting FHSA activities on your income tax and benefit return - Canada.ca (opens in a new tab)

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