I wanted to know if one has to file taxes on stock trading or is it automatically processed like regular income tax. I am not sure where to look? In US I used turbo tax online to file my taxes where I could directly upload the trades from robinhood, etc. , so was wondering what's the best way to do it here?
Of course I could ask a tax specialist if there are recommendations
Thanks
Tax on investments
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Re: Tax on investments
Local platforms will automatically file with tax authority. If they are missing, you are required to add the information to your tax return. Basically revisit the question when you get your pre-completed tax return.deepsudeep wrote: ↑Mon Jan 04, 2021 3:08 amI wanted to know if one has to file taxes on stock trading or is it automatically processed like regular income tax. I am not sure where to look? In US I used turbo tax online to file my taxes where I could directly upload the trades from robinhood, etc. , so was wondering what's the best way to do it here?
Of course I could ask a tax specialist if there are recommendations
Thanks
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Re: Tax on investments
When do you get the precompleted tax return? Is it on vero.fi?betelgeuse wrote: ↑Mon Jan 04, 2021 1:28 pmLocal platforms will automatically file with tax authority. If they are missing, you are required to add the information to your tax return. Basically revisit the question when you get your pre-completed tax return.deepsudeep wrote: ↑Mon Jan 04, 2021 3:08 amI wanted to know if one has to file taxes on stock trading or is it automatically processed like regular income tax. I am not sure where to look? In US I used turbo tax online to file my taxes where I could directly upload the trades from robinhood, etc. , so was wondering what's the best way to do it here?
Of course I could ask a tax specialist if there are recommendations
Thanks
Tx!
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Re: Tax on investments
You will be notified during the spring when it’s available. It will be in MyTax as well.deepsudeep wrote: ↑Mon Jan 04, 2021 8:15 pmWhen do you get the precompleted tax return? Is it on vero.fi?
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Re: Tax on investments
Is the calculation based on ending Dec 31st or end of Feb?betelgeuse wrote: ↑Mon Jan 04, 2021 9:38 pmYou will be notified during the spring when it’s available. It will be in MyTax as well.deepsudeep wrote: ↑Mon Jan 04, 2021 8:15 pmWhen do you get the precompleted tax return? Is it on vero.fi?
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Re: Tax on investments
2020deepsudeep wrote: ↑Tue Jan 05, 2021 12:20 amIs the calculation based on ending Dec 31st or end of Feb?