I'm trying to file FY2024 taxes using the online version. I've auto-pulled all the information through CRA. BUT, on T5008 Box 14 is not auto filled, and I'm getting an Error as I proceed to file. I've downloaded the T5008 from my trading house.I have a lot of trades and it's becoming very-very cumbersome to fill each item manually, especially when I'm working on two different windows; one for Turbo Tax and the other for the T5008 document from my trading house. Also, the dates for Box 21 are in two different formats. Turbo Tax is asking for dd/mm/yyyy format, while the T5008 is in mm/dd/yy format.
Please help, otherwise I'll be sitting in front of my computer for a long time......
BTW: This should not be too hard to implement in year 2025. If you can figure it out, just ask AI and it will actually write the code for you.
It gets worse, I selected to 'Auto-fill your tax info from the CRA into your return.', using the Re-import button; Turbo Tax pulled duplicate entries, increasing my Tax Liability or Balance owing by quite a few thousand dollars. Needless to say, THIS IS BAD, IT NEEDS TO BE FIXED NOW!!!
@harjitsgill We appreciate your feedback and will forward it to the relevant department.
To ensure that all of the information you will submit is accurate and that there are no double entries, we always advise you to check your return before filing.
Wow. This is a very poor reply to a very real problem. I am facing the same problem as above. I can't believe TurboTax has allowed this to happen. The date is meaningless this year since the Capital gains limit of 250K has been revoked. TurboTax should allow us to override the error and submit anyway without dates being filled in. Anything less would make the program more difficult than manual entry on forms. PLEASE FIX THIS ASAP!
BTW, except in Quebec, dates are formatted mm/dd/yyyy, except in TurboTax??? The problem above would have been alleviated if at least they were in the same format as the rest of North America so you could cut and paste from your T5008 Slip. But no! You now have to swap the DD and MM to fit the TurboTax format on every T5008 entry. There is no way to set the Date format as a preference...
Also, the type of income for T5008 entry should default to Capital Gain as opposed to leaving it blank which again forces one to access every form to set the type of income.
Simple fixes that would solve a world of problems.
@ralpha1 Thank you for the feedback. We will pass this on to our development team.
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