I went through a cashless exercise of employee stock options during the past year. The details were captured on my T4. However, the brokerage company sent me a T5008 form as well. Which one do I use to report the income? The T5008 form has no ACB information. Will I be reporting the same info twice if I use both forms?
If the stock options are reported on your T4 and all necessary/important tax values are there, you dont need to report them on T5008.
If the stock options are reported on your T4 and all necessary/important tax values are there, you dont need to report them on T5008.
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