Transfer money question?

Taxes

Early this year I helped my sister buy out her car lease. She will be returning the money. I was wondering what is the best way she could transfer me the money (don’t wanna get taxed/audited).

Edit: around $18k

Posted Aug 15, 2022, 5:01 AM UTC · edited

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Brief-Farm-3999•

just etransfer. gift money isn’t taxed in canada

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dannyyaya•

18k might be a pain by etransfer due to limits, but bank draft or EFT will likely be easiest. Bank draft is cheaper if you're local to each other.

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