Jump to content
Français

RRIF Taxes


pHRED

Recommended Posts

RRIF withdrawals are subject to tax and the financial institution will have sent you a T4RIF tax slip. It will have the amount of the withdrawal in Box 16 and if any income tax was withheld, it would be in Box 28.   There are no Cap Gains taxes on RRIF withdrawals.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...