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am a Canadian Person or Entity. When will my tax forms be ready?","\u003Cp>Please visit the Tax Information and Reporting page of the IBKR website, specifically the \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fen\u002Findex.php?f=tax&p=explain\">Reports and Dates\u003C\u002Fa> section, to find which forms and worksheets will be available to you and the dates they will be posted to your account…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1212,"faq_id":1212,"timestamp":1208,"cir_id":1207},"FAQ_QUESTION",{"id":1218,"title":1219,"short_description":1220,"feedback_context":1221},"faq:\u002F\u002FpageId=1146114756","Tax reporting: Canadian tax froms","\u003Cp>As a Canadian resident, you may receive:\u003C\u002Fp>\u003Cul>\u003Cli>A form T5008 statement of your securities transactions.\u003C\u002Fli>\u003Cli>If you received distributions from trust units, you will receive Form(s) T3…\u003C\u002Fli>\u003C\u002Ful>",{"request_context":1205,"type":1216,"id":1218,"faq_id":1218,"timestamp":1208,"cir_id":1207},{"id":1223,"title":1224,"short_description":1225,"feedback_context":1226},"faq:\u002F\u002FpageId=1146114994","Tax: Canadian persons and entities: Receiving tax forms","\u003Cp>Tax forms will not be sent by mail. Tax forms are only available electronically. To access, log into Client Portal and click the Menu icon in the top left corner  Reporting  Tax Documents. If you have the old Client Portal layout, select the Performance and Reports tab followed by Tax Documents…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1223,"faq_id":1223,"timestamp":1208,"cir_id":1207},{"id":1228,"title":1229,"short_description":1230,"feedback_context":1231},"faq:\u002F\u002FpageId=1146114872","Tax: Canadian persons and entities: Form T5008","\u003Cp>Canadian Slip T5008, Statement of Securities Transactions, contains proceeds and cost information, but capital gains\u002Flosses are not reported.\u003C\u002Fp>\u003Cp>In compliance with Treasury Department Circular 230, unless stated to the contrary, any information contained in this FAQ was not intended or written to be used and cannot be used for the purpose of avoiding tax penalties that may be imposed on any taxpayer…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1228,"faq_id":1228,"timestamp":1208,"cir_id":1207},{"id":1233,"title":1234,"short_description":1235,"feedback_context":1236},"faq:\u002F\u002FpageId=1128484897","Tax: Canadian persons and entities: First in, first out (FIFO) and mark-to-market (MTM) profit\u002Floss figures on statements","\u003Cp>Profits and losses shown on the annual or monthly statements is for information purposes only. Please consult your tax advisor for further information on reporting these items.\u003C\u002Fp>\u003Cp>In compliance with Treasury Department Circular 230, unless stated to the contrary, any information contained in this FAQ was not intended or written to be used and cannot be used for the purpose of avoiding tax penalties that may be imposed on any taxpayer…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1233,"faq_id":1233,"timestamp":1208,"cir_id":1207},{"id":1238,"title":1239,"short_description":1240,"feedback_context":1241},"faq:\u002F\u002FpageId=150371685","What tax forms do you provide for my RSP account?","\u003Cp>RSPs do not generate tax forms related to annual investment earnings. However, forms are issued for contributions and withdrawals.\u003C\u002Fp>\u003Cp>A withdrawal of funds from an RSP constitutes a de-registration of the plan and is subject to withholding tax. The tax will be withheld by IBKR at the time of the withdrawal. The gross amount of the RSP withdrawal will be included in the T4RSP slip, and will be counted towards the general income that one receives for the calendar year…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1238,"faq_id":1238,"timestamp":1208,"cir_id":1207},{"id":1243,"title":1244,"short_description":1245,"feedback_context":1246},"faq:\u002F\u002FpageId=1128484992","Tax: Canadian persons and entities: Interest expense","\u003Cp>Interest expense is not reported on any tax form. This information is available on your Annual Activity Statement.\u003C\u002Fp>\u003Cp>In compliance with Treasury Department Circular 230, unless stated to the contrary, any information contained in this FAQ was not intended or written to be used and cannot be used for the purpose of avoiding tax penalties that may be imposed on any taxpayer…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1243,"faq_id":1243,"timestamp":1208,"cir_id":1207},{"id":1248,"title":1249,"short_description":1250,"feedback_context":1251},"faq:\u002F\u002FpageId=38442166","Is the amount on my T5008 statement in CAD or USD?","\u003Cp>The values represented on the T5008 are in CAD. All values are converted using that the trade settlement day’s conversion rate. This is done automatically for tax reporting purposes.\u003C\u002Fp>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1248,"faq_id":1248,"timestamp":1208,"cir_id":1207},{"id":1253,"title":1254,"short_description":1255,"feedback_context":1256},"faq:\u002F\u002FpageId=38465811","Do you provide the Canadian T1135 tax form (Foreign Income Verification Statement)?","\u003Cp>IBKR does not provide the T1135 tax form. However, we provide a Supplement Foreign Income Worksheet for applicable IB Canada accounts and this form can be used  by clients to complete tax form T1135…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1253,"faq_id":1253,"timestamp":1208,"cir_id":1207},{"id":1258,"title":1259,"short_description":1260,"feedback_context":1261},"faq:\u002F\u002FpageId=71889213","I need my Canadian tax forms reported in CAD","\u003Cp>Canadian tax form figures are translated to the CAD equivalent irrespective of what you trade or what you have selected as your base currency…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1258,"faq_id":1258,"timestamp":1208,"cir_id":1207},{"id":1263,"title":1264,"short_description":1265,"feedback_context":1266},"faq:\u002F\u002FpageId=69659943","Will the tax forms provided by IBKR be reported to the Canada Revenue Agency?","\u003Cp>IBKR will report the information located in the following tax forms to the Canada Revenue Agency (CRA) and the Quebec Ministry of Revenue:\u003C\u002Fp>\u003Cul>\u003Cli>Form T5008\u003C\u002Fli>\u003Cli>Form T5…\u003C\u002Fli>\u003C\u002Ful>",{"request_context":1205,"type":1216,"id":1263,"faq_id":1263,"timestamp":1208,"cir_id":1207},{"id":1268,"title":1269,"short_description":1270,"feedback_context":1271},"faq:\u002F\u002FpageId=67077470","Does my T5008 factor in adjusted cost basis?","\u003Cp>Yes, your T5008 does factor in adjusted cost basis but if you find it has not then please s\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=CS_WEB_TICKET\">ubmit a webticket\u003C\u002Fa> requesting for a review and correction.\u003C\u002Fp>\u003Cp>More \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fen\u002Findex.php?f=1554&p=ca1\">information on Form T5008\u003C\u002Fa>…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1268,"faq_id":1268,"timestamp":1208,"cir_id":1207},{"id":1273,"title":1274,"short_description":1275,"feedback_context":1276},"faq:\u002F\u002FpageId=67416255","The Annual Report does not match the Form T5008.","\u003Cp>The IBKR Activity Statement uses FIFO accounting, whereas the T5008 uses average cost accounting. This will cause a difference in the figures for Realized Profit and Loss…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1273,"faq_id":1273,"timestamp":1208,"cir_id":1207},{"id":1278,"title":1279,"short_description":1280,"feedback_context":1281},"faq:\u002F\u002FpageId=59335711","What is the meaning of \"Proceeds of Disposition\" on Form T5008?","\u003Cp>Box 21 on Form T5008 shows the total Proceeds of Disposition for the fiscal year of reference. Proceeds of Disposition is the amount you received from the sale of capital property.\u003C\u002Fp>\u003Cp>Please note that it does not reflect how the amount of funds you have currently for trading\u002Fwithdrawal…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1278,"faq_id":1278,"timestamp":1208,"cir_id":1207},{"id":1283,"title":1284,"short_description":1285,"feedback_context":1286},"faq:\u002F\u002FpageId=38462152","What fees are included in the T5008 form?","\u003Cp>Commissions and exchange fees are included on box 21 of your T5008 form. Other fees such as interest, monthly activity or market data fees are not included…\u003C\u002Fp>",{"request_context":1205,"type":1216,"id":1283,"faq_id":1283,"timestamp":1208,"cir_id":1207}]