Canadian Adjusted Cost Base Checklist for Taxable Investors
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.
Guides for comparing T5008 slips with your adjusted cost base records and explaining broker book value differences.
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.
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.