Does Turbotax standard handle capitol gain for cottage sale and capitol loss for 2nd home sale?

[TurboTaxJennifer · Accepted solution]

Yes. All Turbotax products can handle capital gains and losses. Check out TurboTax Premier - it's designed for investments and offers step by step guidance for reporting such transactions. 

https://turbotax.intuit.ca/personal-tax-software/premier-online.jsp

[kam2022]

Can I show stocks gain/losses using 2022 turbotax standard?

[TurboTaxGinette]

As seen in the product comparison at the bottom of the page in our TurboTax links below, the Standard version can show stocks gain/losses. We recommend that you use TurboTax Premier as it covers:  Guidance on investment income and expenses, and rental property income and expenses. 

Online software 

CD/Download software

Note: TurboTax is taking extra steps to ensure that Canadians have access to the features that will help them get the best tax outcome by broadening its product lineup and directing users to the version of TurboTax that aligns with their tax situation. We’ve expanded our lineup and tailored each version of TurboTax to address the complexity of various levels of filers. When you file with TurboTax, you will be directed to the version that best suits your needs based on complexity, to ensure you are getting the best possible tax outcome for the best value.

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