Q: Just following up on a question today regarding selling a stock in a non-registered account and buying it back in an RRSP or TFSA. I understand the superficial loss rules, but how would the CRA track a purchase in an RRSP if one’s RRSP trading records are not sent to them by one’s broker? My understanding from personal experience is that only non-registered account information is forwarded to the CRA.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Re: Non-registered account. If a BUY transaction was done within the prior 30 days and now a PARTIAL SELL transaction is done resulting in a loss.....
QUESTION: Is the tax loss claimable or does the loss amount need to be considered superficial and added to the adjusted costbase of the remaining position? No further transactions would be contemplated for at least 30 days after the most recent PARTIAL SELL transaction.
QUESTION: Is the tax loss claimable or does the loss amount need to be considered superficial and added to the adjusted costbase of the remaining position? No further transactions would be contemplated for at least 30 days after the most recent PARTIAL SELL transaction.
Q: can i sell stock x from my non registered account and buy it for my tfsa days later
thank you
thank you
Q: This is just a comment : I don't 't hold any more CDN stock in a US nonregistered account in order to get us dividends with no fees ,since I noticed that it was complicated to declare. I rather hold US stocks exclusively in my RRSP , if I need to convert US cash in CDN, I rather use ETFs for converting large amounts for very low fees if ETFs are close to NAV. ..
Q: If I sell BN for a tax loss, can I buy BAM the same day?
Thx Judy
Thx Judy
Q: Hi there you recently answered a question about which CDN companies qualify as Eligible dividends. Is it safe to say that all the “Brookfield.un” structures do NOT qualify?
Ok thanks.
Ok thanks.
Q: Earlier this month the CRA asked tax-filers to delay filing if they had capital gains because their system had not yet been fully readjusted for the capital gain flip-flop. Since then I have not heard anything more; do you know if they are now up to speed? Because of that delay request, I'm going to be late.
Q: Regarding the question about form 1042-S, I asked Perplexity "where to input numbers for form 1042-S. on American tax return. and it came up with a very good answer which I am not putting here as the answer is long and depends on circumstances.
Perplexity is a very useful tool and will answer complex questions with clarity
Perplexity is a very useful tool and will answer complex questions with clarity
Q: Form 1042-S
Hi there,
I know you 're not a tax expert but maybe you are familiar with form 1042-S. Just asking where to input the numbers under this form on my tax return. This is the first time I received on this one. The reason Im asking is because I asked my broker and still they did not get back to me.
Appreciate your help.
Thanks
Hi there,
I know you 're not a tax expert but maybe you are familiar with form 1042-S. Just asking where to input the numbers under this form on my tax return. This is the first time I received on this one. The reason Im asking is because I asked my broker and still they did not get back to me.
Appreciate your help.
Thanks
Q: Can you advise as to how one claims 5i services expense on this year‘s tax return
Ty
Ty
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iShares Russell 2000 Growth ETF (IWO $349.46)
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BMO S&P 500 Index ETF (ZSP $105.72)
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iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $50.41)
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Vanguard Growth ETF (VUG $485.09)
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Vanguard Mid-Cap Value ETF (VOE $185.27)
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BMO S&P US Mid Cap Index ETF (ZMID $52.23)
Q: Hello
I would like to sell the following for a capital loss XSU, ZMID, ZSP and replace with an eligible proxy. could you tell me a proxy for each one?
thanks
PS - I tried to submit this question a few minutes ago but got an error response. apologies if this is a duplicate
I would like to sell the following for a capital loss XSU, ZMID, ZSP and replace with an eligible proxy. could you tell me a proxy for each one?
thanks
PS - I tried to submit this question a few minutes ago but got an error response. apologies if this is a duplicate
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iShares Global Healthcare Index ETF (CAD-Hedged) (XHC $71.58)
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iShares U.S. Medical Devices ETF (IHI $61.83)
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State Street SPDR S&P Biotech ETF (XBI $124.18)
Q: Greetings…I’ve taken a 10% haircut on this ETF held for healthcare exposure. I could book the loss, but if I replace with another healthcare ETF inside of 30 days in your experience does the CRA have a problem with that? Also, some of the other ETF’s on the TSX look like they have fared even worse. Any ideas? (Trying to avoid holding one or two US companies individually)
Q: Is there withholding tax on distributions if held in tfsa?
Q: I there a US withhold tax on VNN? Does it make a difference if it is held in a RRSP or a TSFA account?
Q: Hi 5i, I have RRSP TFSA & CASH account investments , I need to start using it for income , wish account would use first?, Would using RRSP, CASH & TFSA, in that order, make sense? or any other approach.
thanks in advance
thanks in advance
Q: When determining t1135 tax form threshold reporting requirements, do Dlr and Dlr.u holding held in a non registered account need to be included in the calculation.
Q: A follow up to my previous question re holding gold bullion. How are the taxed and which account is it better to hold the units?
Thanks
Jeff
Thanks
Jeff
Q: Good day,
I read a snippet of something on an investment forum about proposed US tax changes with regard to withholding charges on US dividends. From what I understand, the changes, if implemented would mean the US would begin to charge withholding tax even on dividends in RRSP accounts. Would you know anything about this?
I read a snippet of something on an investment forum about proposed US tax changes with regard to withholding charges on US dividends. From what I understand, the changes, if implemented would mean the US would begin to charge withholding tax even on dividends in RRSP accounts. Would you know anything about this?
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Brookfield Renewable Partners L.P. (BEP.UN $39.27)
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Brookfield Infrastructure Partners L.P. (BIP.UN $48.90)
Q: I sold these stocks for tax loss harvesting just over three weeks ago. Please confirm how long I have to wait before I can buy it back - 30 calendar days?
Thanks for your great help and advice.
Thanks for your great help and advice.
Q: If Brookfield companies would have to start paying their fair share of taxes to Canada (with possible new leadership) instead of avoiding it because of their Bermuda base tax heaven , would Brookfield still be worth holding?