Do I manually calculate T5008 losses? Where and how to enter in TTax? Are Net Capital Losses auto-calculated and carried forward? Please advise with some details.
I have fully entered required info on T5008 pages:shares, cost, selling gain, date etc. TTax software generates warning regarding Cap Gains losses but HELP section is not "helping". TYVM.
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1 Best answer
TurboTaxTatsiana
New Member
Oct 30, 2019 4:22:45 AM
If you already entered all the information in T5008 , TTO will calculate all your eligible losses for the year and carry forward all the unused amount for future years. Data will be transferred to following years as long ad you carry forward your returns.
1 Replies
TurboTaxTatsiana
New Member
Oct 30, 2019 4:22:45 AM
If you already entered all the information in T5008 , TTO will calculate all your eligible losses for the year and carry forward all the unused amount for future years. Data will be transferred to following years as long ad you carry forward your returns.