Line 12906 - Taxable FHSA income - other
Line 12906 - Taxable FHSA income - other
Other taxable first home savings account (FHSA) income includes the following:
-
the amount of taxable distributions that you received in the year as a beneficiary upon the death of an FHSA holder
-
the fair market value of any property in the FHSA that was used as security for a loan
-
any property that remains in the deceased holder's FHSA at the end of the exempt period you are entitled to as a beneficiary
Enter the amount from boxes 24 and 28 of all T4FHSA slips.
Also enter the amount from box 26 if the amount that you were deemed to have received on FHSA cessation was related to an FHSA that you were entitled to as a beneficiary.
