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Level 2
posted Apr 25, 2022 12:18:59 PM

INVESTMENT INCOME REPORTED ON T5-Slip -- TurboTax asks me again about interest earned....

I reported investment income via the T5 I received (imported from CRA).      On one of the subsequent TurboTax pages, titled "Your investments profile for 2021", do I need to put a check mark in the "Interest and Investment Income" box as well?      (is this question leading me for additional information?   or is this for different/other interest earned and I should ignore this question (leave box blank) ?)

0 2 1812
1 Best answer
Level 4
Apr 26, 2022 8:01:58 AM

Once you entered your investment income in T5, you do not have to enter the amount of Interest and other investment income again. If you have any interest income and other investment income that you did not mention on T5, you can enter it here. You should leave the box blank.

 

For more information on Interest and other investment income visit this page of the Canada Revenue Agency: - Interest and other investment income

 

Thank you for choosing TurboTax.

2 Replies
Level 4
Apr 26, 2022 8:01:58 AM

Once you entered your investment income in T5, you do not have to enter the amount of Interest and other investment income again. If you have any interest income and other investment income that you did not mention on T5, you can enter it here. You should leave the box blank.

 

For more information on Interest and other investment income visit this page of the Canada Revenue Agency: - Interest and other investment income

 

Thank you for choosing TurboTax.

Level 2
Apr 28, 2022 9:13:08 AM

THANK YOU !