I have same issue, but additional question based on your answer. I have a T5 that was accompanied by a T5008. However, the T5 includes, as Foreign Income, the total value of the stock plus other dividends paid throughout the year. If I enter the T5 and T5008 and nothing else, essentially, I am asked to pay tax (as income) the entire amount listed as Foreign Income in the T5. Where do I enter the offsetting 'book cost' that is not on the T5 form?
Ex: I sold $10,000 in US stock as listed on my T5008 slip. The book cost was $8,000, so the gain was $2,000. If I enter only the T5008, this comes through clear. However, I was also given a T5 slip that lists in Box 15, my Foreign Income as $11,000, which includes the $10,000 in US stock sale referenced above in the T5008 plus $1,000 in dividends that were paid throughout the year? Where do I enter the $8,000 cost to offset the T5? I phoned the Institution and they did confirm that the Foreign Income in Box 15 does indeed include the sale of the $10,000 US stock. It seems to me, it should not include this amount as it was a sale of assets and not income, however apparently the big banks simply list this lumped in as income.