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|    can.taxes    |    All that "free" healthcare has a price    |    23,408 messages    |
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|    Message 22,882 of 23,408    |
|    Alan Bowler to Sharxster    |
|    Re: Capital gans or lossess    |
|    23 Jun 14 12:04:47    |
      From: atbowler@thinkage.ca              On 2014-06-02 1:42 AM, Sharxster wrote:       > I track my trades using a software program called Quicken Home and       > Business 2014. At any time       > I can produce a Realized Capital Gains/Losses Report which as all       > the data that I need       > to properly prepare my income tax return. No dif whether you live       > in Canada or the U.S.A.              Actually, there is some difference. The US has some funny       rules about whether a trade is considered a capital gain,       and the tax rate depending on how long the stock lot is held.       Also, Canada tracks capital gains based on average cost       for the shares sold; the US does it by share lot.       That makes a BIG difference in the amount work.              Personally, I just use some spreadsheets. Being of the       buy-and-hold-forever school, I just don't have enough       trades to need anything fancier.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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