Investment Distribution
Record this when your holdings pay dividends or distributions, especially those containing return of capital.
What you enter
| Field | Required | Description |
|---|---|---|
| Date | Yes | Payment date when cash was deposited |
| Symbol | Yes | Ticker symbol of the security |
| Total amount or Amount per unit | Yes | Total distribution, or per-share amount |
| Return of capital | No | RoC portion (from T3 Box 42 or fund company breakdown) |
| Units | No | Defaults to all units held; override if needed |
What happens
Return of capital portion:
- The RoC split follows the holding's borrowed/personal cost ratio. If 80% of the cost base is borrowed, 80% of RoC returns as borrowed capital
- Deductible invested principal decreases by the borrowed portion of RoC
- Non-deductible principal increases by the borrowed portion of RoC — this capital is no longer funding an investment
- Borrowed Cash increases by the borrowed portion; Personal Cash increases by the personal portion
- Holding's cost base decreases by the full RoC amount (capped at current cost base)
Income portion (dividends, etc.):
- Personal Cash increases by the income amount
- No other balances change
Common questions
What if I don't know the RoC breakdown yet? Record with zero RoC initially. Edit later when your T3 arrives — the app recalculates all subsequent balances.
Where do I find RoC information? T3 slips (Box 42), fund company websites under "distributions" or "tax information," or estimated breakdowns published during the year.
Learn more
- Return of Capital — why RoC matters and the compounding effect over time
- CRA rules applied — how RoC follows the tracing principle