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Question

I have not done this T4FHSA ever and very new to me. Do I need to fill up anything before I can contribute? In turbotax it says I have 8000 deduction limit .

Forum|Forum|1 year ago
April 23, 2024
1 reply
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Have you already contributed to a FHSA at your financial institution?

Please see our TurboTax article: What Is the Tax-Free First Home Savings Account (FHSA)?

If you did contribute, you will have received a T4FHSA information slip to be entered in your return. To get to the T4FHSA in TurboTax Online, use the “Find” tool (magnifying glass) to search for “T4F”. Select “T4FHSA - First Home Saving Account” from the list and then click the “Go” button.

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