ryanacole
New Member

I have numerous downloaded T5008 tax slips. Date of disposition and outlays and expenses is not filled out. Do I need to fill these out? The banks know already.

 

Getting started

You do need to fill out that information. 

 

 

Thank you for choosing TurboTax.

ryanacole
New Member

Getting started

Thank you very much.  I am working on creating a T5008 summary.  As I understand it the T5008 forms list every transaction to tell the CRA that there have been stock transactions.   But they should not be relied on in order to enter capitsl gains.  I can do a T5008 summary and enter the final results for each category.  I can do this by downloading a CSV report from my financial institution. 

 

Where would final summaries be entered?  From memory, I see that the T5008 forms say "do not enter this info as a capital gain" or something similar.  I find this confusing.