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
Enter the amount from box 24 and box 28 of all T4FHSA slips.
Note
If the property in the FHSA ceases to be used as security for a loan, an amount may be deductible by the holder in that year. Enter your deduction (amount shown in brackets) on line 23200 of your return.
For more information about FHSAs, see First Home Savings Account (FHSA).
Forms and publications
Related topics
Page details
- Date modified: