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pjmon80
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I have a T5 slip that shows "return of capital" but the amount is not included in any of the boxes - Should it be counted as income and, if so, where I should report it?

 
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I have a T5 slip that shows "return of capital" but the amount is not included in any of the boxes - Should it be counted as income and, if so, where I should report it?

Hi, Return of capital is a tax free return of your own investment in the security or mutual fund.  It is used to compute the adjusted cost base of the shares for the future sale of those shares or units.  You do not have to put it on your tax return.

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I have a T5 slip that shows "return of capital" but the amount is not included in any of the boxes - Should it be counted as income and, if so, where I should report it?

Hi, Return of capital is a tax free return of your own investment in the security or mutual fund.  It is used to compute the adjusted cost base of the shares for the future sale of those shares or units.  You do not have to put it on your tax return.