Where do I enter my carrying charges (including IMA fees)?

If you paid carrying charges and you haven’t already entered these elsewhere in H&R Block’s 2018 tax software (such as on the T5 or Relevé 3 page), you can enter these expenses on the Statement of investment income, carrying charges, and interest expenses page. You can find this page under the PENSION PLANS AND INVESTMENTS icon on the PREPARE tab.

You can also claim the IMA fees (investment management fees) shown in the footnotes of your T3 slip, on the Statement of investment income, carrying charges, and interest expenses page. Enter your IMA fees under the Carrying charges, interest paid, and other expenses section on this page to claim a deduction.

Note: If you’re a Québec resident, you can enter your carrying charges (including the IMA fees in the footnotes of your Relevé 16) on the Statement of investment income and adjustment of investment expenses (federal worksheet & Schedule N) page. You can find this page under the PENSION PLANS AND INVESTMENTS icon on the PREPARE tab.                                                                                             

 

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