Options Trading and Adjusted Cost Base in Canada
How Canadian tax reporting works for listed calls and puts, including grant-year premium, closing trades, exercise, assignment, expiry, and cross-year adjustments.
Guides for Canadian investors tracking adjusted cost base across taxable accounts, brokerages, ETF adjustments, and year-end reporting.
How Canadian tax reporting works for listed calls and puts, including grant-year premium, closing trades, exercise, assignment, expiry, and cross-year adjustments.
Canada's superficial loss rule can deny a capital loss when the same or identical property is acquired in a 61-day period and is still owned at the end. Learn the two-part test, partial-loss formula and ACB treatment.
A practical monthly and year-end recordkeeping routine for Canadian investors tracking purchases, DRIPs, ETF adjustments, transfers, FX, and T5008 slips.
Phantom distributions are taxable income from ETFs that were never paid out in cash. They increase your adjusted cost base and are often missed by broker book value records.
Learn how to find and document Bank of Canada exchange rates for foreign-currency investments, including settlement dates, missing observations, and T5008 checks.
A practical pre-tax-filing checklist for Canadian investors to verify ACB, T5008 slips, ETF ROC, USD trades, DRIPs and multi-broker holdings before Schedule 3.
T5008 Box 20 is cost or book value and Box 21 is proceeds of disposition. Learn what CRA says each field contains, what to verify, and how they map to Schedule 3.
How to track adjusted cost base in a spreadsheet, what columns you need, where Excel and Google Sheets fall short, and when Canadian investors should switch to dedicated ACB software.
Broker book value can be a useful cross-check, but it may not reflect your complete adjusted cost base. Learn when it is useful, why differences arise, and how to reconcile them.
Step-by-step guide to calculating adjusted cost base for Canadian stocks and ETFs. Includes the ACB formula, worked examples for stocks and ETFs, partial sales, and common mistakes.
Every DRIP share purchase adds to your adjusted cost base. Miss even a few years of DRIP transactions and your ACB is understated — which means you'll report more capital gain than you owe.
Learn how ETF return of capital, T3 Box 42, issuer tax factors, DRIPs and changing unit balances affect adjusted cost base in a Canadian taxable account.
Canadian tax law requires one pooled ACB for identical securities across all your taxable accounts — not one per brokerage. Here's what that means in practice.
T5008 Box 20 may or may not reflect your adjusted cost base. Learn how to reconcile the broker's cost figure with your records and Schedule 3.
Canadian investors must report U.S.-dollar security transactions in Canadian dollars. Learn how to choose, apply, and document exchange rates for ACB and proceeds.
Adjusted cost base is the pooled tax cost of an investment across taxable accounts. Learn how it is calculated and why broker book value may differ.