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.
Practical tax basics for Canadian investors, including capital gains, T1135 foreign property reporting, T5008 slips, and ACB records.
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.
If you held more than $100,000 in specified foreign property at any point during the year, you must file T1135. Here is exactly what counts, what does not, and how to report it correctly.
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.
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.
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.
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.