CA Tax Tools

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Investment Tax Slips & ACB Centre

A slip reports what an issuer knows. Your return still needs the right income category, cost base and capital-loss treatment.

How to use this group

Start with the slip that arrived, then move to ACB reconciliation when securities were sold. T3 slips often arrive later than T5 and T5008 slips, so wait for the complete package before filing.

Tax software can import CRA data, but it cannot reconstruct missing adjusted cost base reliably from a broker field that CRA itself says may be incomplete.

Primary sources

Frequently asked questions

Which investment tax slip do I need?

A T5 reports interest and dividends paid directly by a bank or corporation. A T3 reports mutual fund and trust allocations, including capital gains and return of capital. A T5008 reports the proceeds of a security you sold or redeemed during the year — it does not always show a reliable cost base.

Why does my T5008 not show my full cost base?

Brokers are only required to report the adjusted cost base (ACB) they have on file, which can be missing transfers-in, reinvested distributions or corporate actions from before the account moved firms. Reconcile it with the ACB calculator before relying on Box 20.

Do I need to wait for a T3 before filing?

Usually yes if you hold mutual funds or ETFs in a non-registered account — T3 slips are issued later than T5 and T5008 slips because trusts need time to finalize allocations. Filing before it arrives risks a reassessment once CRA matches the slip.

Can I use a capital loss from one T5008 disposition against other investment income?

No — capital losses only offset capital gains (current year, carried back three years, or carried forward indefinitely), not interest or dividend income reported on a T5 or T3.

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