Practical tax basics for Canadian investors, including capital gains, T1135 foreign property reporting, T5008 slips, and ACB records.
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 the cost or book value your broker recorded. Box 21 is proceeds of disposition. Neither field is the same as your legal adjusted cost base — here is how to read the slip correctly.
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 is the number your broker reports — not the number CRA expects you to use. Here's why the difference matters and how to reconcile it.
Adjusted cost base is the average cost of your investment across all taxable accounts. Your broker doesn't calculate it for you — here's what it is and why it matters.