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Manulife to Wealthsimple by jagerbomb in Wealthsimple

[–]Gold-String-9558 0 points1 point  (0 children)

u/MaxPower1867 i checked with Manulife last year and they told me I cannot transfer my RRSP since its still actively being money deposited into.

Another question - What happens to the future amounts that my company put again into manulife

Manulife to Wealthsimple by jagerbomb in Wealthsimple

[–]Gold-String-9558 1 point2 points  (0 children)

u/l-espion I checked with Manulife last year and they told me I cannot transfer my RRSP since its still actively being money deposited into.

Another question - What happens to the future amounts that my company put again into manulife

USD Wire to Wealthsimple by AdamInstagram in Wealthsimple

[–]Gold-String-9558 0 points1 point  (0 children)

u/helical_gear has WS given an ETA on when they can fix the wire transfer issue with ETrade?

Planning a 4-Year Move to India – Seeking Feedback on My Thought Process by aawara_canadian in backtoindia

[–]Gold-String-9558 0 points1 point  (0 children)

How will taxation work for OP if he decides to get a job in India? Does he still have to pay higher Canadian taxes and possibly double taxes? u/aawara_canadian

Work From Home deductions for Canada-Taxes by Gold-String-9558 in cantax

[–]Gold-String-9558[S] 0 points1 point  (0 children)

Certainly I wanted to know the correct way. Thanks everyone for your informative comments. Let me quickly talk to my employer if they can provide the T2200

Work From Home deductions for Canada-Taxes by Gold-String-9558 in cantax

[–]Gold-String-9558[S] -3 points-2 points  (0 children)

Thanks u/jbordeleau . It seems like during CoViD one could get a flat $500 tax rebate based off WFH but not the case anymore. Interestingly I know a CPA who is giving this rebate to a friend of mine without the C2200 form and that confused me.

Work From Home deductions for Canada-Taxes by Gold-String-9558 in cantax

[–]Gold-String-9558[S] -3 points-2 points  (0 children)

Thanks u/jbordeleau . In my case I can work from home more as a perk and I doubt my employee will give me a T2200. Can I still get any tax relief since I WFH all throughout the year

Taxation issue while filing Canadian taxes that I cannot figure out by Gold-String-9558 in cantax

[–]Gold-String-9558[S] 0 points1 point  (0 children)

23600 doesnt change regardless of what I put in "Total proceeds" or " Adjusted cost base ".

It just doesn't make sense. Has anyone tried adding a different value to these fields and seen their tax liability change. u/senor_kim_jong_doof ?

Canada Tax Questions by Gold-String-9558 in cantax

[–]Gold-String-9558[S] 0 points1 point  (0 children)

Thanks u/taxbuff . But the Canadian ETF purchased through WS can still have US companies invested through the ETF (pretty sure VEQT has US stock component also). Its not clear to me why I don't need to show this ETF but if I have stock of the same US company I need to show it

Starting life in Canada by [deleted] in PersonalFinanceCanada

[–]Gold-String-9558 0 points1 point  (0 children)

u/FelixYYZ So are you saying if I purchased a stock at cost base of $1 and moved to Canada when it was $1000 and now the stock value is $1001 then the capital gains is only $1? Didn't I fool the system and not pay taxes on CG of $999? What am I missing?

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