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CRA import of T5008 display calculation error on Total Income?
When I import my slips from the CRA, Proceeds or Settlement value (21) is added into my total income instead of the difference between the Proceeds or Settlement value(21) and Cost or Book Value(20). Both fields were imported correctly.
This really threw me into a loop as I was panicking if my Bank uploaded the incorrect information.
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October 30, 2019
1:25 PM
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Importing your data
I have yet not reached that stage. Downloading T5008 went OK. But, while downloading I also got several more T5008 slips that represent transactions made for the Advisory Fee Charges (checked from the Financial Institution) with income shown as zero. I guess income from theses sales went directly as advisory fee. I can, I think, deduct this advisory fee from the income made on the main downloaded T5008. I hope I am on right path.
October 30, 2019
1:25 PM