Dispositions or sells of foreign shares are entered as Capital Gains. The amounts must be converted to Canadian Dollars and can be entered on either the Foreign Slip (found under T-slips) or in the Capital Gains & Capital Gains Deduction Profile (found under Investments).
Either method of reporting will transfer the information to the Schedule 3 and 50% of any gains will appear in the tax summary on Line 127.
Dispositions or sells of foreign shares are entered as Capital Gains. The amounts must be converted to Canadian Dollars and can be entered on either the Foreign Slip (found under T-slips) or in the Capital Gains & Capital Gains Deduction Profile (found under Investments).
Either method of reporting will transfer the information to the Schedule 3 and 50% of any gains will appear in the tax summary on Line 127.
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