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T5 slip from td webbroker seems incorrect?

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[OP]
Deal Addict
Apr 29, 2010
1527 posts
3046 upvotes
GTA

T5 slip from td webbroker seems incorrect?

Last year on Dec 30 I cashed out a bunch of stocks. Made 5 figures gains compared to when I bought in the summer.

I checked my T5 slip from td and the number is way lower. Like 2 digits. I think this is showing dividends only.

How do I figure out the capital gains portion? It’s not showing on my T5
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Jan 14, 2009
4906 posts
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Vancouver, BC
lolbeast wrote: Last year on Dec 30 I cashed out a bunch of stocks. Made 5 figures gains compared to when I bought in the summer.

I checked my T5 slip from td and the number is way lower. Like 2 digits. I think this is showing dividends only.

How do I figure out the capital gains portion? It’s not showing on my T5
Dispositions are on the T5008 form. Box 20 & 21.
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Feb 1, 2012
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Thunder Bay, ON
The T3 only includes income from the securities, like dividends or interest. You are responsible for tracking capital gains, and reporting it on Schedule 3, line 3.
https://www.canada.ca/content/dam/cra-a ... s3-21e.pdf
https://www.canada.ca/en/revenue-agency ... hares.html

Adjusted cost base (ACB) = what you paid for all shares + acquisition costs like trade commissions

Capital gain = Proceeds from disposition (what you sold for) - cost of disposition (like trade commissions) - adjusted cost base

TDDI should send you a T5008 that has proceeds of disposition and adjusted cost base, but it could exclude your trade cost for selling.

This explains it well: https://www.adjustedcostbase.ca/blog/ho ... tal-gains/
This is a good online tool for calculating capital gains: https://www.adjustedcostbase.ca/

If you reinvested any of the dividends, the new shares must be added to your ACB. If you did not reinvest dividends you may ignore them because that income is on your T5.
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