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Search: Posts Made By: deaddog
Forum: Traders Hideout December 30th, 2020, 09:31 AM
Replies: 42
Views: 33,699
Posted By deaddog
Chances are CRA will check you and ask for back...

Chances are CRA will check you and ask for back up. I dealt with IB Canada and IB would send the CRA the same info they sent me. I doubt AMP would submit info to the CRA.

If you use an accountant...
Forum: Traders Hideout June 12th, 2019, 10:36 PM
Replies: 42
Views: 33,699
Posted By deaddog
I'm not a tax expert. I'd recommend talking to an...

I'm not a tax expert. I'd recommend talking to an accountant.

You won't get a T5008 from a US broker.

Report your gains/losses on schedule 3. One line showing your total cost, your proceeds...
Forum: Traders Hideout May 31st, 2018, 11:09 AM
Replies: 42
Views: 33,699
Posted By deaddog
When I was trading futures I was flat at the end...

When I was trading futures I was flat at the end of the day.

I do my own taxes with turbo tax Canada. With the tax program you can input the data from the T5008 issued by your broker.

I had to...
Forum: Traders Hideout May 30th, 2017, 01:33 AM
Replies: 42
Views: 33,699
Posted By deaddog
I use the monthly average from the Bank of Canada...

I use the monthly average from the Bank of Canada web site. Have been doing this for last 20 some odd years. Ever since IB opened shop in Canada.

I do my own taxes. I have not been audited but...
Forum: Traders Hideout May 29th, 2017, 08:06 PM
Replies: 42
Views: 33,699
Posted By deaddog
A simple spreadsheet should suffice. As far...

A simple spreadsheet should suffice.

As far as exchange rates: CRA will be OK with a monthly average rate or even a yearly average rate as long as you use the same method each year.
Forum: Traders Hideout February 24th, 2015, 03:09 PM
Replies: 42
Views: 33,699
Posted By deaddog
You can have an account with IB Canada.

You can have an account with IB Canada.
Showing results 1 to 6 of 6

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