We'd like to update our members on a minor change to the way the Canada Revenue Agency reports your available TFSA contribution room.
The Canada Revenue Agency is
committed to ensuring the TFSA information available to members is as accurate
as possible. In previous years, the
holder’s TFSA contribution room was shown on the T1 Notice of Assessment.
Occasionally, the amount
quoted was not current because the CRA had processed the tax return before
additional information from FI was accepted.
In an effort to avoid
any possible confusion, the CRA is no longer including TFSA Contribution Room
on the T1 Notice of Assessment.
In order to obtain the most up to date information about your TFSA transaction and
available TFSA Contribution Room, please refer to:
- My Account section, on the CRA website or
- 1-800-267-6999 – Tax Information Phone Service available 24 hours a day 7 days a week or
- Tax Centres – to submit a request in writing
If you have any question
regarding the above, please contact me.
Co-operatively Yours,
Marika Dmytriak
Special Accounts Officer
Ukrainian Credit Union Limited
416-762-6961 x226
mdmytriak@ukrainiancu.com
