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Level 2
posted Mar 20, 2021 9:47:25 AM

Will my T5008 proceeds transfer to my 2020 tax form

where is the results of entering T5008 info appear in my tax form?

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1 Replies
Level 6
Mar 21, 2021 3:40:27 PM

Thank you so much for your question. For desktop users, the amount that you enter in your T5008 will appear in your schedule 3 (capital gain/loss) if it is capital gain (line 12700). If it is investment, then it will appear in line 12100.  For online users, go to top left, click drop down arrow beside 2020 tax refund, click on detailed tax summary, you will be able to view it in the detailed tax summary. Hopefully that answers your question. Don't hesitate to contact us with further questions.