T3(SUPP) error after entering T5008 slips

[tc8679]

I have the same problem. I can fix it by dividing the number of shares sold by 100 and entering that amount, but if TurboTax fixes it, am I then going to have to go back and reenter the actual amounts? I did not have this problem last year, but I used TurboTax Premier then, whereas I am using the Standard edition this year.

[TurboTax_Susan]

@tc8679 You can go back an enter the proper amounts, though the number of shares isn't actually used in any of the calculations.

[SteveM-Tax]

The bug in the T3(SUPP) Form that was showing 100 X the "Quantity of Shares" that were entered into the T5008 Slip has been fixed in the latest TurboTax Update. I just loaded the latest update and the T3(SUPP) now shows the correct "Quantity of Securities" that were entered into the T5008 Form.

Steve   

[Stagingtt]

I checked my S3(Supp) and yes it has been corrected.  I am glad the TT team listens when there is enough posts about an issue.  I have been using it for over 25 years (originally QuickTax).  There are still a number of small bugs I could complain about but I have learned to just live with.  One small example is in the warnings section near the end.  It warns me that my T4A(OAS) is higher than what is allowed but the warning is incorrect.  It has been like that for a couple years.  Think about it.  Service Canada isn't going to overpay you on your OAS except for rare clawback situations and even then, they are not likely to make a mistake.  I just ignore the error because it's not enough of a bother to try to get it fixed.  

[SteveM-Tax]

I get the same "OAS over the Limit Warning" every year when entering OAS payments.   

The T4(OAS) Warning is not something Turbotax can calculate accurately since the OAS payout amount will depend on what age a tax payer decided to take OAS which TurboTax will not know.  Delaying the start date of OAS payments provides a higher payout above the normal amount.  All TurboTax can do is give a warning if it is over the max for taking it at the normal retirement age.

[Stagingtt]

Fair enough.  I wasn't thinking of people that may wait to collect but...

Even based on the 'standard' max amount it shouldn't throw the warning.  It's almost like their coding is using an 'equal to or greater' than the standard max instead of a 'greater than' so that it would need to be at least a cent over the max to trigger the warning.   It's small potatoes compared to last year's initial release 😉 and it certainly isn't going to stop me from using TT in the future.