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Are trailing fees tax deductible?



Our response:

Trailing fees are not tax deductible. CRA’s website outlines amounts you can deduct from your personal income tax return.  Management fees on mutual fund investments, such as “trailing fees” are not listed on CRA’s website as tax deductible.

We are not able to provide financial advice.  Go to CRA to find out more or speak to a tax professional to find out more about what you are able to claim as deductions on your personal tax return.

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