Lydia99
New Member

Investors and rental owners

I also sold shares in a small business. The company issued a T5 showing all the eligible dividends. Do I still complete a T657 for Turbotax to calculate the capital gains exemption? I tested this and ended up with a much higher Total income that includes another half of the $ included in the T5 so my tax owing is higher than if I didn't claim the exemption.