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kpetrisor
New Member

Turbo Tax CANADA Standard - Schedule 3 is not updating based on capital gains entered from T5008s, etc. Do I need to upgrade to Premium?

Capital gains in summary is not being adjusted for "adjusted cost base" as noted in Schedule 3... I am still in the midst of completing taxes and want to review Schedule 3 directly but can not access?  Would appreciate if you could advise how to view?

3 Replies

Turbo Tax CANADA Standard - Schedule 3 is not updating based on capital gains entered from T5008s, etc. Do I need to upgrade to Premium?

Is your version of TurboTax installed in your computer by CD/Download, or is it Online?
kpetrisor
New Member

Turbo Tax CANADA Standard - Schedule 3 is not updating based on capital gains entered from T5008s, etc. Do I need to upgrade to Premium?

Online version

Turbo Tax CANADA Standard - Schedule 3 is not updating based on capital gains entered from T5008s, etc. Do I need to upgrade to Premium?

You don’t need to upgrade, as Schedule 3 should work correctly in any version TurboTax. Please check that you have selected the correct type of income on your slips. If you select Investment instead of Capital Gains then the amounts won’t appear on your Schedule 3.

In TurboTax Online, you can’t edit the forms directly, but you can print or save a PDF copy of your complete return which does show the forms. Here is how you can print/save a copy of your tax return in TurboTax Online: https://turbotax.community.intuit.ca/replies/2648070

If you are still having issues, please contact our phone support for further assistance. (*not available to TurboTax Free users*): https://turbotax.community.intuit.ca/replies/3152013