Quote:
Originally Posted by highfive
^ Yes. Nothing is taxed within your TFSA. Even when you withdrawal it. The only drawback is that you cannot put back what you withdrawal in the same year until the following year.
CUU is doing well. Hopefully we are back over $2 soon.
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so wait if i had $35,000 and i withdraw 15,000 and end up with 20,000 in the TFSA. The following year (jan 1st?) i can deposit the 15,000 i withdrew plus another 5000 for the new year?
thanks!