Contributing shares to a TFSA or RRSP in kind
Understand gains and denied losses when contributing shares in kind to a TFSA or RRSP, with examples and records to check before transferring.
Practical tax basics for Canadian investors, including capital gains, T1135 foreign property reporting, T5008 slips, and ACB records.
Practical guides on canadian tax basics for Canadian taxable investment records. Use the worked examples to review your assumptions, then check a scenario with the free investor tools .
Understand gains and denied losses when contributing shares in kind to a TFSA or RRSP, with examples and records to check before transferring.
Establish the cost of inherited shares using estate records, date-of-death values, and rollover details before adding them to your taxable ledger.
Review ACB, deemed proceeds, spousal rollovers, and attribution before gifting taxable shares to a spouse or child 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.
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.
Download a five-sheet Excel ACB workbook and learn how to record purchases, DRIPs, sales, and cost adjustments across taxable brokerages.
Understand adjusted cost base in Canada, distinguish total ACB from ACB per share, and follow worked calculations for purchases, partial sales, ETFs, and USD trades.
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.