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 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.
Your broker's book value may not reflect your complete adjusted cost base. Learn why broker cost figures differ from your legal ACB and how Canadian investors can reconcile their records.
Your broker's T5008 cost figure is based only on what they can see — and that is almost never your complete ACB. Here is exactly when the number is wrong and what to use instead.