RE:RE:RE:RE:RE:RE:RE:analysis I think it's also true that you cannot have purchased the same stock within the previous 30 days to the sale in which you intend to claim a capital loss. These purchases also include any other accounts you have. So you could not purchase a stock for your TF SA and then within 30 days sell that same stock from your non-registered account and claim a capital gains. There must be a 30 day window prior to the sale of the stock and after the sale of the stock in order to be able to make the capital loss.
i could be wrong so you should fact check that one.
Juice004 wrote: You got it Dan.
DanKwong1958 wrote: Juice004, That is my interpretion as well. You just can't rebuy the same stock in the first 30 days of 2017 or the superificial tax loss trigger but how can you be forced to sell out of your tfsa and rrsp when gains are tax sheltered by definition?
Juice004 wrote: This is simply not true. What you have in your TFSA and RRSP's has nothing to do with your unregistered accounts for the purpose of claiming capital gains or losses. Once you take a realized loss you can apply against realized gains and you don't need to exit the position in its entirety let alone from all accounts.
Coop007 wrote: My understanding of revenue Canada is you cannot own the stock AT ALL
You will need to sell All stock for 30 days to claim cap loss, This as far as i see includes what you have in TFSA & RRSP
Please correct me ( nicely ) if im wrong
Thanks