Sched3 turns a year of trades into the numbers your return actually needs: the proceeds, the pooled ACB, the resulting gain or loss, and the taxable half — reconciled against your slips and exported in the CRA’s format.
Every account, every trade, pooled into a correct ACB — including DRIPs, FX, splits, and corporate actions.
Sched3 compares your calculated gain against your T5008 slips, applies T3 box 21/42 adjustments, and accounts for any superficial losses — showing you each difference and why.
Get a clean, line-by-line capital gains summary in the CRA’s format, ready to file or hand to your accountant.
A correct capital gain depends on things that live outside your trade history. Sched3 folds them all in.
The “what if I sell?” simulator shows the gain, taxable amount, and estimated tax of a sale before you place it — so December tax-loss selling is a decision, not a guess.
Full capital gains reporting — T5008 reconciliation, T3 adjustments, the sell simulator, and Schedule 3 export — is included from the Active plan.
Manual entry, 1 portfolio, basic ACB & CSV export.
Broker import, superficial loss detection, FX support, splits & DRIPs.
Everything, for one investor: T5008/T3 tools, crypto, equity comp, corporate actions, accountant export.
Multi-client dashboard, client import links, bulk import, branded reports.
You include a portion of your net capital gain — the inclusion rate — in taxable income, and it is taxed at your marginal rate. The gain itself is your proceeds of disposition minus your adjusted cost base and any outlays on the sale. Sched3 computes the gain, applies the current inclusion rate, and totals the taxable amount.
Brokers frequently report cost as blank, as the wrong figure, or without accounting for pooling across accounts, DRIPs, or return of capital. The T5008 is informational — you are responsible for reporting the correct ACB. Sched3 reconciles the two and explains each difference.
No. Gains in registered accounts are not taxed and are not reported on Schedule 3. Capital gains reporting applies to your non-registered (taxable) accounts, which is what Sched3 summarizes.
Yes. The Schedule 3 export is designed to be filed directly or passed to a preparer, with the underlying transactions and adjustments available so the numbers can be checked.
We ship features our users ask for. Tell us what would help.