Question about declaring capital gains for taxes with stocks and options in Canada. Normally brokerages like TD and IBKR send an annual summary of your transactions with the total gain/losses.
I used to go to adjusted cost base.ca and manually input each transaction (many hundreds!) to get the ACB but was wondering about just taking the total gain/losses from these brokerage reports, adding them up and that’s what I use to declare my total capital gain/losses.
Also, I’m not claiming anything for tax loss purposes which should make things less complicated. Thanks.
