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Home World Canada

CRA resolves contribution room issue for 90% of TFSA holders

14 June 2025
in Canada
CRA resolves contribution room issue for 90% of TFSA holders
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The Canada Revenue Agency (CRA) has resolved most issues preventing Tax-Free Savings Account (TFSA) information from being accessible in its online portal, allowing about 90% of TFSA holders to view their contribution limits. However, the remaining 10% still face unavailability due to ongoing updates, prompting the CRA to advise these individuals to calculate their contribution room independently to avoid potential overcontribution penalties.

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Tags: contributionCRAholdersIssueresolvesroomTFSA
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