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Filing
Brenda, thank you for your quick response.
My query is as follows:
I refer to Joint Investment accounts with both my wife and my names on the T5008s.
When filing under "Couple-Reporting-together", after I entered all the T5008 details specifying "wife-husband" 50-50% split in my filing section, do I still have to duplicate the same set of T5008 information (such as cost (ACB), proceeds, 50-50% split, etc.) in my wife's filing section? It seems to me that when reporting 50% again in my wife's section, my wife and I will both be getting the 100% of all the respective reported amounts.
Your clarification will be much appreciated.
Thanks
March 18, 2024
11:11 AM