Each year in February or March we make tax slips available to you in your Questrade account. What tax slips you receive depends on the following:
- Your account type
- The activity that took place in your account during the year
- Your residency (i.e., the province, country you live in)
You can find your automatically-generated tax slips by logging into Questrade and going to the Tax slips page. Also review Important dates for tax slips.
At a high level, for Margin accounts:
- If you deposited money into your account or purchased stocks or other investments, you don't receive a tax slip; however, your purchases will appear on a Trading Summary
- If you sold investments you previously purchased (including transferring them to a registered account), you receive a T5008 tax slip and the sale is included on the Trading Summary
- If investments you bought paid income, like a dividend or interest, we provide you with an Income Summary. A tax slip may accompany the summary, depending on your residency, security type, and amount.
The table below shows what tax slips you receive for the above situations. (Note: if you have a Questwealth Cash account, you will also receive these tax slips.)