How to EASILY calculate the ACB of your stocks.
In our last video, we showed you how to deduct some common investment expenses to increase your profits. However, in order to do this, you need to know how to calculate the Adjusted Cost Base of your shares.
In today’s short video, we’re going to be showing you exactly how to do this when you’ve made multiple trades or when the company you own has gone through a stock split.
After watching today’s video, you’ll learn the basic skills of how to easily do this on your own, so you can feel a little bit more comfortable filing your taxes if you have investment income.
OTHER VIDEOS TO CHECK OUT:
HOW TO PAY LESS INVESTMENT TAX : • DEDUCTIBLE INVESTMENT FEES How To F...
STOCK OPTIONS 101 A BEGINNERS GUIDE: • Video
STOCKS SPLITS EXPLAINED: • Stock Splits & What They Mean for You
HOW TO FIND THE BEST STOCKS TO GENERATE DIVIDEND INCOME: • Dividend Investing For Beginners Ho...
SUPERFICIAL LOSSES: • WHY CRA WILL DENY YOUR CAPITAL LOSS
CRA SCHEDULE 3 CAPITAL GAINS AND LOSSES : https://www.canada.ca/content/dam/cra...
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