Calculating Capital Gains in TFSA for OSAP application
Doing my OSAP application and it asks for All foreign income and Canadian non-taxable income received in 2025 which includes:
interest, dividends or capital gains from tax-free savings accounts (TFSA) regardless of the original source of the income
- I sold some stocks in my TFSA in 2025 that I had held for some years. How do I even calculate “capital gains” in TFSA for OSAP? Do they actually expect ACB math similar to non-registered?
- My gains were probably over $3,600, and OSAP says I need to provide proof. The problem is Wealthsimple doesn’t give any TFSA tax documents , just contribution and withdrawal history.
Anyone know how to actually calculate it and what you’re supposed to submit to OSAP? I have spend so much time looking online for answers and my university is of no help.
u/zoo_panda — 4 days ago