Canada Tax

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Related Canada Tax Questions
If I'm trading stocks and options in canada are my 'trade
if I'm trading stocks and options in canada are my 'trade commissions' totally tax deductible or do they have to be offset against gains? If I have trade losses I can only deduct them against actual g… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
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1. Is it advisable to continue trading in US Robinhood
1. Is it advisable to continue trading in US Robinhood stocks while I am non resident of US. I am resident of Canada since 4 Dec 2020. Does it mean every year I must file US & Canada taxes separately … read more
AndrewD914
AndrewD914
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I am resident of Canada, If I earn income in US through
I am resident of Canada , If I earn income in US through Robinhood broker do I file tax on that in US or Canada. … read more
Robin D.
Robin D.
Vocational, Technical or Trade School
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In 2020 my husband was making 77,500/annum until November
In 2020 my husband was making 77,500/annum until November 13, 2020 and 100,000/annum from there onwards, he was full time employee at both jobs. I'm not making any income. Does it make sense for us to… read more
AndrewD914
AndrewD914
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I am an employee, but I have a side hustle as well. I do not
I am an employee, but I have a side hustle as well. I do not know if i should incorporate now or still stay as a sole proprietor I am from Toronto Canada. I am not from the USA. … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
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I daytrade the US Stock Market and I currently live in
My name is***** daytrade the US Stock Market and I currently live in Canada (for all of my life), I am looking to become a non-resident for 2021 or avoid paying taxes back to Canada from 2021 onward f… read more
AndrewD914
AndrewD914
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We invite to attend the show in US from Canada 2018. in
we invite to attend the show in US from Canada 2018. in order to attend the show, we export the goods from Asia to US and hire a volunteer to declare the custom. After the show finish, we transfer the… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
9,802 satisfied customers
I need help with accounting. Stocks. Im in canada and i need
im in canada and i need help with how stocks affect my taxes and cerb … read more
Rama-CPA
Rama-CPA
President
Bachelor's Degree
1,674 satisfied customers
I'm currently a student and I recently started a tfsa and I
hi, i'm currently a student and I recently started a tfsa and I would like to start buying and selling stocks. I just wanted advice on whether I should do this in a personal account and what are the t… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
23,889 satisfied customers
If i'm a day trader using a personal account on wealth
if i'm a day trader using a personal account on wealth simple how do taxes work for me … read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,688 satisfied customers
I hold a number of equities (stock) which have performed
I hold a number of equities (stock) which have performed poorly this past calendar year. If I sell these aforementioned equities before the end of the calendar year (ie. 2019), can I claim the lost am… read more
Arthur Rubin
Arthur Rubin
Tax Preparer
Doctoral Degree
63 satisfied customers
I am a Canadian citizen that lives in the Netherlands. I pay
Hello I am a Canadian citizen that lives in the Netherlands. I pay my taxes in the Netherlands. I pay Dutch wealth tax on my global assets including Canadian stocks and bonds I own through a Canadian … read more
Arthur Rubin
Arthur Rubin
Tax Preparer
Doctoral Degree
63 satisfied customers
I'm going to Canada as tourist and stay for less than 6
I'm going to Canada as tourist and stay for less than 6 months. I'm going to operate my online business while there and trade my online US stocks, do I need to pay tax while in there? I'm not a Canadi… read more
NelsonProTax
NelsonProTax
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Master's Degree
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What line # do I enter capital gains/losses. Bought some
bought some stock then transfered into RSSP at a lower price than I bought it but unsure where I enter it in turbo tax Premier … read more
Tax.appeal.168
Tax.appeal.168
Principal
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If I am a resident of Canada and making money through forex
If I am a resident of Canada and making money through forex trading, how is this taxed? Also is there a way to make it more efficient?Does it differ, I am planning on moving to Cananda and it is betwe… read more
Barbara
Barbara
Enrolled Agent, Paralegal
21,270 satisfied customers
I am planning on buying with my brother an apartment back
Hi. I am planning on buying with my brother an apartment back home in Colombia. The value of the apartment is about $150.000 cad. Do I need to declare it next year even if I will only put half of the … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,212 satisfied customers
If I transfer stocks I own personally to my incorporated business
If I transfer stocks I own personally to my incorporated business (100% owned by me) will any capital gain have to be taken by me or will it be added to the tax base of the corporation and I will pay … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,212 satisfied customers
I work in the US. The company I work for is in the US. The
I work in the US. The company I work for is in the US. The company is owned by a Canadian company. The company gives us a bonus every year with the option of part of that bonus being stock. This stock… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
41,532 satisfied customers
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