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New Member
posted Oct 29, 2019 7:21:57 PM

I had capital gain distributions in mutual funds though I didn't sell anything, do I still have to report it? I received T3 form indicating capital gains.

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1 Best answer
Level 6
Oct 29, 2019 7:21:58 PM

You have to report Income and gains distribution exactly as indicated from the T3 boxes.
Each type of distribution is then taxed accordingly.

This has to be done whether you sell units or not.

1 Replies
Level 6
Oct 29, 2019 7:21:58 PM

You have to report Income and gains distribution exactly as indicated from the T3 boxes.
Each type of distribution is then taxed accordingly.

This has to be done whether you sell units or not.