Houbento
New Member

Filing

Totally agree with many comments. Why not have defauly be capital gains! also date, in many cases could be default to 31/12/2024. Very annoying a nd waste of time to have to do this. Same problem last year. Thought i was doing something wrong.

 

Not sure how many users need to complain before something is done about it.

 

Filing

Is this problem being corrected?  I've tried multiple times, wasted hours and it still won't load T5008.  If I have to self enter all of these I might as well be using either the desktop version and self enter, or hand it over to a professional.  The hours I've wasted I might as well have just worked those at my job and would be ahead.

If this isn't going to be corrected after many years of doing my own taxes with turbo tax online, it will be  my last.

All it needs to do is to add it to my income!   

And, multiple times it won't let me go back and access my T slips at all; it locks into a page, and often just won't let you move around while your trying to figure out how to solve the problem.

Filing

@Houbento We understand that this is not ideal, but this is not an information included in the Auto-File option from CRA. You can also combine them and keep track of your T5008 on a spreadsheet for your records.

 

As per CRA - February 14, 2025 - Auto-fill my return:

 

While the proposed effective date for the increase to the capital gains inclusion rate has been deferred to January 1, 2026, the CRA is maintaining capital disposition reporting for period 1 (dispositions that occurred before June 25, 2024) and period 2 (dispositions that occurred on or after June 25, 2024). This applies to both the T1 and T3 income tax returns. Period 1 and period 2 reporting is being maintained to ensure continued alignment with the tax slips that have already been published and are currently being issued to Canadians and filed with the CRA. As well, the proposed increase to the lifetime capital gains exemption applies starting with the capital dispositions in period 2 of qualified farm or fishing property and qualified small business corporation shares.

 

Note: Auto-fill my return service will not deliver box 14 of the T5008, Statement of Securities Transactions, which is relevant for period 1 and period 2 reporting of capital dispositions, and boxes 270 to 273 on the T5013, Statement of Partnership Income. Please ensure that all proper fields on the return are filled in correctly, including information not delivered by the Auto-fill my return service, and that the information provided is true, accurate, and complete.
 

Thank you for choosing TurboTax.

harjitsgill
Returning Member

Filing

More garbled gibberish.

Just write the code that will read the dates from the T5008 and fills them in my tax return, in the appropriate boxes. Not rocket science in 2025. If your boys don't know how to do it, just ask AI, it will write the code for you.