Non-Qualified Investment in my TFSA Account [Questrade Issue?]
The CRA sent me a letter saying that Questrade told them I held a non-qualified investment in my TFSA in 2014. I have no idea what they are talking about, I've also always held the same kind of assets since 4 or 5 years ago. Essentially they are just index ETFs and also sometimes options on those Index ETFs. I've made less than $5,000 contribution to my TFSA in 2014 as well.
The CRA says I have to file a TFSA tax return, RC243 I believe. But I have no idea what non-qualified investments they are talking about.
I can't find any information about what I am supposed to do (I don't even know what I did wrong!) and this 30-day count down is really stressing me out.
What should I do?
The CRA says I have to file a TFSA tax return, RC243 I believe. But I have no idea what non-qualified investments they are talking about.
I can't find any information about what I am supposed to do (I don't even know what I did wrong!) and this 30-day count down is really stressing me out.
What should I do?