How do I enter the total of T5008 rather than the individual transactions of all the S&P option trades?

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if you have many T5008 forms you can add the amounts from all of them and report them on just one form while filing your return. Some of the fields on your T5008 slip may not be in TurboTax. You only need to enter the T5008 slip information that TurboTax asks for. 

To enter the information of your T5008 in TurboTax follow the steps outlined below:

1. Sign in to your return.
2. Click Find (or the magnifying glass icon) from the top right corner of the page
3. Enter T5008 in the Find window
4. Select T5008 Securities Transactions from the list of results, then select Go. The T5008 - Summary step appears
5. Select Enter New T5008. The T5008 - Securities Transactions step appears

Fill out the form in TurboTax with the information from your slip. If your T5008 slip is for a joint account shared between spouses, enter your spouse’s percentage of ownership in the field Enter percentage of slip to claim on your spouse’s tax return (if applicable)

1. Select Done With T5008. The T5008 - Summary step appears
2. Review the information on-screen and follow the instructions below that match your situation:

• If the information is correct, select Done With T5008 Slips
• If the information isn’t correct, select Edit next to the slip and correct the information. When you return to this step, select Done With T5008 Slips

If you reside in Quebec, you would need to enter a relevé 18. Here are the instructions to enter a Relevé 18:

For more information on T5008 visit our TurboTax article -T5008 Slip - Statement of Securities Transaction

For more information visit our TurboTax article- How do I enter a T5008 slip (and matching Relevé 18, if applicable)?

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