How do I enter investments held by my corporation?
Where to find it: CCPC PROFILE / CCPC REVENUES
In PROFILE, indicate that you or your spouse owns or plans to own a CCPC. Complete CCPC PROFILE with the corporation’s nickname, province, owner, shareholder percentages and applicable dividend permissions.
In ACCOUNTS and INVESTMENTS, add an account of type CCPC. Its owner is the corporation. Enter its current holdings as you would for another investment account, including cash, book values, allocations, return assumptions and fees. You can have several corporate investment accounts within the supported CCPC.
Enter operating revenues in CCPC REVENUES and salary or dividends paid to household members in INCOMES. Corporate investment growth is calculated from the holdings; do not repeat those returns as operating revenue or personal dividends.
Before TIME MACHINE, complete the corporate notional-account balances. Review corporate results under the CCPC report and spreadsheet tab. Corporate assets are distinct from money already distributed to shareholders; do not also enter the full corporate portfolio as a personal investment.