EI and stocks

[electrom27]

I;m on EI now. For the stocks I buy and sell during the week, do I have to declare it as income or money I've recieved on my EI reports if I made money?

[TopTaxGuy]

If your buying and selling is normally treated as capital gains and losses then no.

Look at What we mean by "earnings" on the Service Canada site at http://www.servicecanada.gc.ca/eng/e...ngs_info.shtml

Earnings are considered income arising from or as a consequence of employment. If your gains are capital then they are investment gains and do not affect EI. If you claim your investment gains as income, you are running a business and must report your net weekly gains.

[ghostryder]

However, depending on how much you make you may have to repay some of your EI when you file your tax return.