My brother was the executor for a family trust fund. All shares were sold and a T5008 was issued with his name. The money was equally split between the sibling. Since I was not issued a T5008 where can I report the money I received from the sale of the shares .
If the T5008 is in your brother's name, he will have to enter it on his return, and will be taxed on the full amount. So if you enter part of the income, then your family will be doubled taxed on that portion.
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