I have uploaded 34 T5008's, and build a spreadsheet that calculates the total capital gains, but Turbo Tax's taxable Capital Gains is about 70% higher. Why would this be?

Seems Turbo Tax may not be reducing the capital gains by 50% for some or all of the T5008's. Why would this be, and how to fix it? Or could it be that Turbo Tax is picking up Capital Gains from somewhere other than these T5008's?

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Apr 8, 2023 11:45:53 AM

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I have uploaded 34 T5008's, and build a spreadsheet that calculates the total capital gains, but Turbo Tax's taxable Capital Gains is about 70% higher. Why would this be?