DaleH Posted March 27 Report Share Posted March 27 Are they considered carrying costs (aka - should I enter interest on my margin account as a carrying cost or enter it somewhere else)? It makes sense to include them as carrying costs since it is similar to taking out a loan to make an investment. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 27 Report Share Posted March 27 Hello DaleH Line 22100 – Carrying charges, interest expenses, and other expenses most interest you paid on money you borrowed for investment purposes, but generally only if you use it to try to earn investment income, such as interest and dividends https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-22100-carrying-charges-interest-expenses.html Quote Link to comment Share on other sites More sharing options...
DaleH Posted March 27 Author Report Share Posted March 27 Thanks, that is what I expected and where i entered the amount. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 27 Report Share Posted March 27 Hello DaleH, You are welcome. Quote Link to comment Share on other sites More sharing options...
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