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Level 2
posted May 7, 2020 1:13:14 PM

I sold mutual funds in 2019 and was issued a T5008. Do I need to report the same mutual fund sale as a disposition on the "Capital Gains" page, or is this redundant?

The "Capital Gains" page of my 2019 tax return is the page that asks for the type of capital property disposed of, the # of units for shares, and the proceeds of the disposition.

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1 Replies
Level 15
May 7, 2020 3:13:04 PM

No, do not report the same dispositions shown on your T5008 slips in the Capital Gains & Capital Gains Deduction section of TurboTax.

 

You can choose to report them either way, but entering in both would be double reporting.