Do I need to record a sale of some CCPC shares in the capital gains section or not if it's showing on my T4

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The answer is Yes. As per CRA, you will have to report your capital gains section for your Qualified small business corporation shares. 

• However, the capital gain deduction may be applied for your situation, please visit our TurboTax for more details: Do You Qualify for the Capital Gains Deduction? 

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