CNTower
2023-2-13 03:50:37
Your employer must remit payroll deductions from your $30,000 wages/salary. However, you are responsible to make instalment on interest income if the estimated tax is more than $3,000 (Ontario and $1800 in Quebec) . The marginal rate will be applied to the $30,000 interest income.
If you use average rate to calculate the $30,000 interest income, then you will be under-install your personal income tax and may be subject to instalment interest penalties.
CNTower
2023-2-13 03:51:16
Do you have capital gain?
突破追入set止蝕
2023-2-13 03:55:05
無呀
岩岩樓上講原來capital loss只可減少capital gain
唔可以減少income
Superficial Loss: When employing tax-loss harvesting, make sure to consider the CRA's “superficial loss” rule. According to this rule, investors claiming a capital loss on the sale of an investment cannot buy the same investment within 30 days of the sale. For example, disposing of capital property for a loss, and repurchasing the same property within a 30-day period following its sale, the CRA's "superficial loss" rule will come into effect. This means a capital loss cannot be deducted from your income for the year. The "superficial loss" 30-day rule is specifically designed to prevent investors from playing the system to lower their income tax payments.