a_zagar
Returning Member

Investors and rental owners

On which line exactly on Schedule 3 would you show this capital gain?  To clarify, invested $180,000 in the LP in 2022 and throughout the year received $13,222.74 distributions as Return of Capital.  In 2023, the original $180,000  investment was returned and a T5013 was issued with boxes 105, 106, and 113 filled in, and nothing in Box 30 (Total Capital Gains/Losses).  My understanding is that the ROC must now be declared as Capital Gains on the income tax return.  But where exactly do you do this?  I see nothing on Schedule 3 that fits this situation, or is there somewhere else on the return where you would report this?