Income Tax - Investment Income (On-Demand - CPA PRO)
Overview
Investment income is a common item on income tax returns but items reported here and their taxation is growing more complex. Determining the amount to report and how exactly to report it is getting more complex as banks and online brokerages make it easier for investors to access more complicated investment products. The recent explosion in cryptocurrency investing also leads to questions on how to report complicated transactions which typically are not reported to the investor in a user-friendly manner. This course will help clarify how to calculate and report complicated investment income and dispositions from a variety of investments.
Access expires 180 days from purchase date |
Course Description
Investment income reported to investors on T-slips and gain/loss reports received from brokers are familiar; however, these don’t always contain the information we need to properly report these items on a tax return. In trying to characterize investment income correctly, we come across issues such as income vs capital and when in fact, income or a gain has been realized for income tax purposes.
This course will review the basic concepts of income vs capital and timing of income/gain recognition and apply them to investment products currently in the market, including put/call options, other derivatives and cryptocurrency. How these items are typically reported by brokers to investors, and whether that information is appropriate for income tax purposes will also be discussed.
Applicable for
Learning Objectives
- Analyze income vs capital issues
- Describe income recognition timing issues
- Describe short sales
- Report transactions involving option writing
- Describe the basics of reporting foreign currency transactions
- Describe issues involving cryptocurrency
- Report transactions with other common investments
Content
- Income vs capital
- Timing of income/gain recognition
- Foreign currency transactions
- Transactions involving options
- Cryptocurrency
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Candace Sears, CPA, CA, CPA (Illinois), MBAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Income Tax - Investment Income (On-Demand - CPA PRO)
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Overview
Investment income is a common item on income tax returns but items reported here and their taxation is growing more complex. Determining the amount to report and how exactly to report it is getting more complex as banks and online brokerages make it easier for investors to access more complicated investment products. The recent explosion in cryptocurrency investing also leads to questions on how to report complicated transactions which typically are not reported to the investor in a user-friendly manner. This course will help clarify how to calculate and report complicated investment income and dispositions from a variety of investments.
Access expires 180 days from purchase date |
Course Description
Investment income reported to investors on T-slips and gain/loss reports received from brokers are familiar; however, these don’t always contain the information we need to properly report these items on a tax return. In trying to characterize investment income correctly, we come across issues such as income vs capital and when in fact, income or a gain has been realized for income tax purposes.
This course will review the basic concepts of income vs capital and timing of income/gain recognition and apply them to investment products currently in the market, including put/call options, other derivatives and cryptocurrency. How these items are typically reported by brokers to investors, and whether that information is appropriate for income tax purposes will also be discussed.
Applicable for
Learning Objectives
- Analyze income vs capital issues
- Describe income recognition timing issues
- Describe short sales
- Report transactions involving option writing
- Describe the basics of reporting foreign currency transactions
- Describe issues involving cryptocurrency
- Report transactions with other common investments
Content
- Income vs capital
- Timing of income/gain recognition
- Foreign currency transactions
- Transactions involving options
- Cryptocurrency
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Candace Sears, CPA, CA, CPA (Illinois), MBAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.