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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: les jarosz who wrote (67)	3/5/2000 1:25:00 PM
From: bwtidal	of 548

Revenue Canada determines your "earned income" by the way that you report it. And you have little opportunity to affect this. It is the salary and commissions reported on your T4, etc. It may include rental income, I don't recall. But all your investment income is included on T5's, or as reported capital gains and losses. There is no way to get this considered employment income (unless you want yourself considered a trading professional, and you don't... then everything is taxed as income, not capital gains) - employers have to provide those same T4's to Revcan, so there is no way to increase your "earned income". And earned income is what is used to calculate RRSP contribution room.

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