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    jikkumohan-gmail
    New Member

    T1135 How to increase cost basis for year 1

    Moved from US to Canada and should my stock portfolio cost basis be the Fair Market Value on the day I moved to Canada?
    posted
    ‎May 1, 2023 2:56 PM
    last updated ‎May 01, 2023 2:56 PM
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    AdamA1
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    Level 1

    T1135 How to increase cost basis for year 1

    Hello yes that's correct. The fair market value the day you entered into Canada

    ‎May 1, 2023 3:02 PM
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