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I am using the turbotax standard version for windows and I am told by the software that I have the most recent version but Annex 3 is still splitting capital gains before and after June 24!! What can I do to get the right Annex 3. Thanks
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Hi! I am using TURBOTAX Standard for Windows and even if it tells me that I have the latest version, the Form 3 and Form G (Quebec) are not yet updated...What should I do? Thanks
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No it is not and as I am trying to look for an updated version it says that I actually have the latest version!!
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@Bolduser All forms were unlocked as of March 20th.
Please manually update your software. (Help>Update) If that doesn't work, please try reinstalling it. It will not delete your saved returns. You can download the current version of TurboTax Desktop edition here: Choose the current TurboTax Desktop edition you need (for Windows).
The current English Desktop version (as of March 22, 2025) is Version 00.01.52 Build 5005 068G23.
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Well, I just downloaded and re installed the version you mentioned. My problem still remains, which is:
I fill out a T5008 slip showing a cost or Book value Box 20 as well as Proceeds or settlement amount Box 21. I labeled the type of income as Capital Gains. When I did this exact same thing for my 2023 filing, these numbers appeared on form Schedule 3 Supplementary schedule under the From 5008 heading. These numbers were used to calculate my capital gain/loss tax result. In the current version for 2024, nothing from the T5008 shows up on this form and no changes happen with my tax payable./refund. This no matter how much capital gains I put on the T5008 form. While I would love to get these gains tax free, I'm sure the CRA will be less than pleased. Am I doing something wrong ?
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I'm using the desktop version of Turbotax and have the same problem. Gave up trying to make T5008 work and manually entered all cost base/proceeds in Section 2 of Schedule 3. This does not give you the ability to specify if the sales were period 1 or 2, Turbo Tax seems to make its own decision to put this in Period 2. Guess it doesn't matter if the inclusion rate is 50% for either Period.
What is equally frustrating for me is that some of the T3 slips generated by mutual fund companies list the split (Boxes 52/53) while others report only the total in Box 21. TurboTax refuses to acknowledge Box 21 anymore leaving the user to re-enter the value in Box 52 and/or 53.
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@FredFllint Thank you for the feedback, and we appreciate your patience. For the error on the T3 slip not balancing box 52+53 to equal box 21A, trying to enter the sum of 52+53 into box 53 (deleting 52) should fix the problem.
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Do you have a solution for T3 error in Box 37? Sum of box 58 and 59 equals box 37 but error says the sum is incorrect. All values are in decimals copied from a paper T3. Thanks