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Can individuals make contributions on behalf of their spouse or common law partner?

April 26, 2017behalf contributions individuals partner spouse

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Can individuals make contributions on behalf of their spouse or common law partner?

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A spousal TFSA does not exist (this is unlike an RRSP). However, individuals can give funds to their spouse for their TFSA. The income earned in the TFSA of a client’s spouse or common-law partner will not be attributed back to the client and will not affect the client’s contribution room.