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I have a T4PS slip which included capital gains. Do I also need to fill in a T5008 for this transaction? Would I be double counting the capital gains by doing both forms?
I sold all of my shares in my employee profit sharing plan in 2017 and received a T4PS, which included capital gains in box 34. Do I also need to fill in a T5008 for the same transaction? It seems that if I list the transaction in a T5008 as a capital gain, I may be double counting and hence paying too much in capital gains tax.
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‎October 30, 2019
10:40 AM