myCostBase

Canadian adjusted cost base tracking for taxable investors. Track ACB, capital gains, ETF return of capital, USD trades, and T5008 records.

[myCostBase @mycostbase]

Using Questrade for a non-registered account?

Here’s how to import your Questrade transactions into myCostBase and turn your trading history into a chronological ACB ledger.

Watch the walkthrough 👇
https://t.co/dHntlFFFHO
#Questrade #AdjustedCostBase #CanadianInvesting

[myCostBase @mycostbase]

A DRIP can change your ACB even when no new cash leaves your bank account.

The reinvested distribution buys additional shares with a cost that belongs in the ACB pool.

#DividendInvesting #AdjustedCostBase

https://t.co/Vt6f7HzM5Z

[myCostBase @mycostbase]

Small commissions still belong in the calculation.

Purchase commissions add to cost. Selling commissions reduce proceeds. Capturing both at the trade date avoids later reconstruction.

#CapitalGains

[myCostBase @mycostbase]

Most ACB errors are small gaps that accumulate: missing buys, duplicate rows, wrong dates, omitted commissions or untracked distributions.

By filing season, the cleanup is much harder.

[myCostBase @mycostbase]

A USD trade creates two calculations: the investment result and the CAD tax result.

The exchange rates on the purchase and sale dates can both affect the Canadian gain or loss.

#CapitalGains #CanadianTax

[myCostBase @mycostbase]

A broker transfer can move the shares without moving the full cost history.

The receiving broker’s number is not a fresh start. Your original cost and adjustments still matter.

#CanadianInvesting

[myCostBase @mycostbase]

Buy the same ETF more than once in taxable accounts? Each purchase changes one pooled average cost.

A partial sale uses that pool—not one selected purchase lot.

#CanadianInvesting #CapitalGains

[myCostBase @mycostbase]

A T5008 is useful—but it is not a complete ACB record.

If Box 20 is blank, incomplete or different from your records, you still need to support how the gain or loss was calculated.

#T5008 #CanadianTax

https://t.co/gqfYUkWJlx

[myCostBase @mycostbase]

ACB problems rarely begin at tax time.

They begin with missing purchase history, transfers, USD trades, DRIPs, ROC or incomplete T5008 cost data.

Keeping records current makes filing easier.

#CanadianInvesting

[myCostBase @mycostbase]

Adjusted cost base is not simply “what I paid.”

Commissions, partial sales, DRIPs, return of capital, FX and pooled identical securities can all change the number.

#AdjustedCostBase

[myCostBase @mycostbase]

Return of capital can quietly lower your ETF's adjusted cost base year after year.

Miss those adjustments and the capital gain you calculate when you sell can be wrong.

myCostBase records every ROC event in a dated, auditable ledger.

https://t.co/caR770aJfu

#CanadianTaxes

[myCostBase @mycostbase]

Hold the same investment at multiple brokerages?

That's where ACB tracking gets messy.

Each broker sees only its own trades. It doesn't know your full share count or ACB history elsewhere.

myCostBase pools identical securities across accounts into one auditable ledger.

#ACB

[myCostBase @mycostbase]

Your T5008 is not your ACB.

Your broker only sees one account. ROC, identical securities elsewhere, and FX treatment can change the math.

myCostBase calculates ACB across accounts and shows the differences.

[myCostBase @mycostbase]

DRIPs quietly change your adjusted cost base.

Every reinvestment adds shares and updates your ACB. Miss transactions and your capital gain could be wrong when you sell.

myCostBase logs every DRIP as a dated ledger event.

https://t.co/caR770aJfu

[myCostBase @mycostbase]

Your broker tracks book value.

CRA cares about adjusted cost base.

Those numbers can be different — especially after DRIPs, return of capital, or USD trades.

myCostBase keeps a dated, auditable ledger showing exactly how your ACB changed.

#CanadianTaxes #ACB

[myCostBase @mycostbase]

US-listed ETFs add another taxable account headache: FX.

Every trade needs a CAD value using the exchange rate for that transaction date.

myCostBase applies daily FX rates to each trade and keeps the ACB math in one auditable ledger.

[myCostBase @mycostbase]

T5008 Box 20 and your brokerage's book value may look like your ACB.

They're not always enough.

Return of capital, DRIPs, and USD conversions can all change your actual adjusted cost base.

myCostBase tracks every adjustment in one dated, auditable ledger.

#CanadianTaxes #ACB

[myCostBase @mycostbase]

Most Canadian investors know they need to report capital gains.

What many miss: CRA doesn't calculate your ACB brokerage by brokerage.

The same investment held across multiple accounts is pooled together.

myCostBase tracks it in one auditable ledger.

[myCostBase @mycostbase]

Your broker’s tax slip may not show your true adjusted cost base.

DRIPs, ETF distributions, USD trades, and multiple accounts can all make it messy.

myCostBase helps Canadian investors track ACB before tax season panic.

https://t.co/caR770abpW

[myCostBase @mycostbase]

Canadian taxable investors should not rely only on broker book value or T5008 slips.

myCostBase helps track adjusted cost base, capital gains/losses, ETF return of capital, USD trades, and CRA-ready records.

https://t.co/PkAmy6nZ0S