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Even there is no transaction (buy / sell), the transaction summary shows :
1. gain. some times there is loss (negative) value.
2. saving bonus
Questions:
1. In this case, is the gain considered unrealized or realized?
2. if it is unrealized, it means i don't need to include it in the tax? (to california)
Treat the RRSP as a normal account. if it was an interest or cap gain distribution, it is taxable in Cali. change in value is neither a gain nor a loss.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing
1. Your statements will say so.
2. No. Distributions are profits that the fund give to their fund holders, generated from sales and trades that the funds make during the year. No profit, no distribution. This is pretty fundamental stuff.. maybe you could educate yourself on how mutual funds work.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing