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Investors and rental owners
In addition to alerting users not to enter the same information that's already on the T5008 again, it would be REALLY helpful if a note could be added somewhere in TurboTax that if your Adjusted Cost Base (ACB) is different from what's in Box 20: Cost or book value, then users should overwrite this amount with their own calculated ACB. I spent almost 3 days trying to figure this out. In many ways TurboTax can be improved to make it not so confusing to users.
May 1, 2025
4:48 PM