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Is the sale of publicly traded US securities reported and handled with Canadian securities? Reported through TurboTax in the same manner?
I have a sale of US holdings through a Canadian bank for which I have a significant capital loss (approximately $40,000). How is that reported? All I received was a statement from the bank showing the disposition. Is there anything I need to do for a US filing?
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October 30, 2019
2:15 PM
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Investors and rental owners
Are you referring to your Canadian tax return or your American one? Because this is TurboTax Canada.
October 30, 2019
2:15 PM
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Investors and rental owners
You would go under the Income tab - Tslips - Foreign Slip is where you would enter in your foreign losses.
October 30, 2019
2:15 PM