Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 4:37:08 PM

If I enter T5008s showing cost/book value (box 20) off my capital gains report, do I have to complete capital gains profile as well? Will this count twice?

0 1 720
1 Replies
New Member
Oct 30, 2019 4:37:09 PM

Hello,

you will need to enter that information just in the T5008. Information will automatically be calculated in Schedule 3 for you.