INFO 16029 Lecture Notes - Lecture 6: Registered Retirement Savings Plan, Old Age Security, Canada Pension Plan
Document Summary
Last week, we covered a lot, and there were calculations you had to do all about tax. The more experience you try to get doing your own taxes, the easier it gets. You should do your own this year, even if you"re not going to submit it yourself. Tax credits transferable, carry forward use at a future time. If you still have trouble, let me know. Taxation of mutual fund corporations the big thing from that perspective is if you"re part of a corporation, you can move from one type of mf to another without having to worry about tax consequences. You could move from a balanced fund to a more aggressive fund, let"s say, and it"s not as if you sold it. If you"re part of a mf trust, if you switched, you would have to pretend like you sold it, claim the gains, and buy the more aggressive one.