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April 29, 2023
Question

Where ennter retrun of capital on T3 form?

  • April 29, 2023
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    May 1, 2023

    Return of Capital on a T3 does not need to be entered in your tax return.  This amount is for information purposes only.  Note that this amount will affect your ACB (Adjusted Cost Base) in the year you sell the mutual fund.  Please refer to CRA publication RC4169 Tax Treatment of Mutual Funds for Individuals:

    https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4169.html