New Member
posted
‎November 13, 2020
3:33 PM
last updated
‎November 13, 2020
3:33 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
Topics:
6 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
You will just need to enter your T5 slip.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
This is where the problem lies. When I add my T5 it shows that I had 8,000 of additional income. However, I did not have additional income. I actually lost some money on the silver but I don't want to bother doing a capital loss as I lost most of my paper work when I moved last year. I just don't want to pay tax that I shouldn't be paying.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
Do you have a T5 or a T5008?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
T5008
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
How do I handle the sale of silver bullion that was not a capital gain or loss but I have a T slip showing income for it.
Then you can reduce it by entering the cost or Adjusted Cost Base