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Level 1
April 4, 2022
Question

T5008 is not including options expired.

  • April 4, 2022
  • 1 reply
  • 3 views

T5008 is not including options expired.  Where I should report the loss/expenses from options expired.

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1 reply

Level 7
April 5, 2022

Unless you are talking about an employee stock option, a loss on a stock option is usually a capital loss and you would report in in Section 3 of the Schedule 3, showing zero proceeds of disposition and an adjusted cost base equal to the cost of the option.