This post includes the most common questions we receive about reporting T5008 slips. Do I need to include this T5008 on my return? If you disposed of a security for a gain/loss you should report this on your return. This applies to gains/losses realized when you sell mutual funds. You can use either the…
Month: March 2018
Last chance for spousal loan rates at 1%
There are only a few months left to take advantage of low prescribed interest rates for income splitting and other loans as the rate will double to 2% on April 1, 2018. Prescribed rate loans can be used to split investment income with a spouse or common-law partner with lower income. One partner in the highest…