Tax Question - Non Registered eSeries Funds
How to report the following scenario in Tax Return: All funds bought and sold in 2013
Fund 1 (Canadian Bond Index e) bought for 10K
Fund Sold 9.6K (this includes the Dividend due to DRIP)
Dividend Received 100
Fund 2 (International Index e) bought 10K
Fund sold: 10.8K (this includes the Dividend due to DRIP)
Dividend Received: 100
For the dividend I have received T3 (shows up in Box 25, 26, 34). I can enter the T3 in StudioTax, no problem.
I am a bit confused on how to calculate Capital gain/loss:
Total Amount Bought: 20K
Total got back when sold: 9.6K + 10.8K = 20.4K (this includes the Dividend due to DRIP)
Out of the 400 gain, 200 were Dividends which got reported in T3.
Hence my total capital gain = CAD 200?
Fund 1 (Canadian Bond Index e) bought for 10K
Fund Sold 9.6K (this includes the Dividend due to DRIP)
Dividend Received 100
Fund 2 (International Index e) bought 10K
Fund sold: 10.8K (this includes the Dividend due to DRIP)
Dividend Received: 100
For the dividend I have received T3 (shows up in Box 25, 26, 34). I can enter the T3 in StudioTax, no problem.
I am a bit confused on how to calculate Capital gain/loss:
Total Amount Bought: 20K
Total got back when sold: 9.6K + 10.8K = 20.4K (this includes the Dividend due to DRIP)
Out of the 400 gain, 200 were Dividends which got reported in T3.
Hence my total capital gain = CAD 200?