Reporting capital gains in TFSA

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lkwan32
Posts: 1
Joined: Tue Apr 02, 2024 11:30 am

Reporting capital gains in TFSA

Post by lkwan32 »

This year, I liquidated and closed my TFSA. Do I need to report these on my Form 1040?

I moved to the US in July 2022.

I've read online that the capital gains are taxable. And so I'm filling out the Stocks and Investments sold section (1099-B). Does anyone know if the "Date acquired" is from the historical date that we acquired the investments, or from the date that we became a non-resident of Canada?
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nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Reporting capital gains in TFSA

Post by nelsona »

The date acquired.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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