Ask Allan Forum
Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.
Notifications
Clear all
Ask Allan Forum
2
Posts
2
Users
0
Reactions
2
Views
May 11, 2021 11:07 am
Are cryptocurrencies considered a foreign property? is the T1135 form required if the cost basis is over 100k? thanks
1 Reply
May 17, 2021 8:34 pm
If the currencies are held on an exchange outside Canada, and the total cost amount is more than $100,000 at any time in the year, then form T1135 must be filed.
