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Investors and rental owners
Thank you for feedback, this is weird, I requested "expert review" and asked the same, person told me I do not need to report it under capital gains. Box 38 amount is included in box 14 of my T4, also my deducted taxes (box 22) includes tax I paid on capital gain at the time when options sale happened.
I would appreciate help where to fill this in. I am using TurboTax online platform, when I am adding "Capital Gains" entry, there are few items to add
1) Type of capital property disposed of - I am choosing stocks
2) Proceeds of disposition - Sale price (number of shares times unit sell price)
3) Adjusted cost base - purchase price + purchase fees (number of shares times strike price + Bank Fees)
4) Outlays and expenses - sale fees
I went into detailed summary report and Line 24900 already contains box 39 amount. And my employment income includes box 38.
Thanks again,
Garnik