Hi everyone,
I got annual report from my trading platform. On the account summary, there is net realized P/L $$$, and at the bottom there is markup disclosure $$$.
My question is : to calculate my net profit, for tax purpose, my actual profit should be net realized P/L minus markup...
thank you everyone for your reply. I guess I just don't find it's fair to pay so much tax after working so stressfully every minute to gain a little to make a living. I need money to pay back my student loan, mortgage ect...The money I made can barely meet living needs.
Hopefully canada will...
Hi everyone,
I'm new babie here from Toronto. I have read a lot of threads regarding to tax and learned a lot.
One thing I was triggered to ask from reading.
If I have make capital gain 3000 in my trading account, but I transfer only 300 into my bank account. Can I report only this 300 as my...