Easily calculate your short-term and long-term capital gains tax. Use this calculator to estimate taxes on assets, including stocks, crypto, real estate, and more.
A comprehensive guide to calculating capital gains tax in canada. Follow these steps to estimate your tax obligations accurately.
In Canada, only 50% of the capital gain is taxable. Follow these steps:
Suppose:
Using the calculator:
Find answers to common questions about calculating capital gains tax in canada.
A capital gain occurs when you sell an asset for more than you paid for it. The gain is the difference between the purchase price and the sale price.
In Canada, 50% of the capital gain is taxable. This portion is called the "taxable capital gain" and is added to your income to determine your total tax liability.
Yes, the calculator distinguishes between short-term and long-term gains. Long-term gains benefit from the 50% inclusion rate.
Yes, the calculator can be used for real estate capital gains. Enter the relevant purchase and sale prices for accurate results.