Investment Q&A

Q: I looked up prior inquiries on Kimbell Royalty Partners (KRP) and in your answeres you immediately pointed out that it is a limited partnerrship and therefore has onerous taxation for Canadian investors. I have done some reading on KRP and it appears that KRP has elected to pay corporate taxes and therefore it is NOT considered a MLP, but it is a LP. I know that you 5i guys are not tax experts but could you do a second search on your bloomberg terminal, or other resources that you have, to confirm how a Canadian investor would be taxed if they owned KRP. Other than the tax question what do you think of KRP? The dividend yield is close to 11 per cent, leverage is not that high, and with the increase in oil and gas prices the variable dividend could get a boost (at least while the commodity prices are elevated) and therefore it is of interest to me.

Q: I'm confused about when it makes sense to do tax loss selling. I am down almost 30% in CSU and LMN. Does it make sense for me to sell and register the loss and possibly rebuy after the 30 day wait? I am an older senior and don't have a lot of time to patiently wait for recovery, and despite the speed with which it dropped, I suspect recovery will be much longer. My main confusion, I think, is not really understanding how tax loss selling actually works.

Q: Re: Question from Ross on March 23, 2026 re if 5i Subscription is tax deductible.

I believe the Federal Digital News Subscription tax credit is no longer available as of 2025

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/deductions-credits-expenses/digital-news-subscription.html

Q: Hi.
Just doing my taxes and note a discrepancy between the broker generated proceeds of disposition and the T5008. The difference is that the T5008 includes as proceeds the rollover amount from RPI.UN to RIC. I thought this was a tax deferred rollover. Was there anything that I as a shareholder had to do to secure this or is this an error on the T5008?

Q: Is your membership fee a tax deduction?

Thank you.

Q: Hello, can you please confirm that REITs should be held in registered accounts (RSP, LIRA, TFSA) whenever possible considering their tax treatment (distribution treated the same as interest income in my understanding). Thank you.

Q: I have GLXY in TFSA when it drops TSX listing will there be witholding tax

Q: I am wondering about the tax deductions on the US side when a closed end fund is held in a a LIF account.
Does the US withhold t’as at source?
Thanks.

Q: Is VFV more suitable than ZSP for US exposure in TFSA?

Q: Could you explain the difference between these two stocks. What are the dividends for each and are they paid out in US $ or CDN. Which has the better tax treatment, as I understand there is different tax treatments for partnerships. but not sure what the difference is?

Q: Are there any foreign tax implications holding this in Margin/TFSA/RRIF account(s)?

Q: Hello, can you please confirm these 2 ETF would not be subject to Withholding Tax? Also, can you please recommend 2 diversified stock ETF for exposure outside Canada which would not be subject to Withholding Tax, with decent dividend and buy and forget type of security. Thank you.

Q: With regard to US stocks or ETFs, can you please confirm RRSP and LIRA accounts are treated the same way (not subject to Withholding Tax). Thank you.

Q: Received my first dividend on this US listed stock in my US Rif. After looking at all the dividends in and deductions out, I calculate I'm paying approx. 47% with holding tax! 37% appears to be on the US side, 10% on the Canadian side. Sound about right to you? If so I'll be selling this right quick!
Also, do I now have to worry about filing US taxes?

Q: This question relates to income tax….

Is tax deducted from dividends paid to this CDN ETF held in a TFSA ?
(listed in Canada, holding European stocks)

Would tax be deducted from a similar CDN ETF holding US stocks?

Is a TFSA the best place to place EBNK ?

Q: To receive US funds I have 23 shares of ABBV, 78 shares BIPC, 62 shares EMA and 74 haes of QSR in a US TFSA account with TD Webroker in Canada.
1. Since the witholding tax is not recoverable should I switch these holdings to a non-registered US account?
2. Though I like the US funds received as dividends, would it be more efficient to switch these to Canadian holdings for the tax credit and hold them in a non-registered Canadian account? please use as many credits as required.

Q: I sold a PUT at a loss. I plan to buy another PUT of the same stock at a different strike price, which expires at a later date. Do I have to wait for at least 30 days to avoid a superficial loss?

Q: I have securities in my RRIF that have a gain. Sometme in 2026 I plan to sell some of these stocks in order to satisfy CRA requirements. Because the stocks that I will be selling have a gain, not a loss I assume that I can buy them immediately in my non registered account. Am I correct in my assumption? Thank You.

Q: In a LIF account, I believe that dividend income, Canadian and US is not taxable, is this correct?
Are there circumstances where it would be, for example, in a Canadian ETF holding US stocks?
Thanks so much.

Q: Hi 5i,

Would a Canadian holding this ETF inside an RRSP be subject to extra taxes because of MLPs?

TIA!