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New Member
posted May 2, 2021 1:08:44 PM

Is it okay that I put in the total amount lost in investments? I could not add the name of each stock.

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1 Replies
Level 6
Jan 24, 2022 7:33:18 AM

You may or may not have received T5008 slips for all the transactions shown on your T5008 "Statement". If your statement gives you a total of all your transactions, you can make one entry in TurboTax for all of them. 

You can choose to enter these transactions two different ways, 

  • by going to Income > T-Slips > T5008, and make your entry/entries on the T5008 slip page;
  • or in the Investment section. To enter here, go to Income > Investments > Capital Gains & Capital Gains Deduction Profile > and check the box next to Sold stocks, bonds, real estate, other capital property, and continue.

If you enter your T5008 slips (or use the CRA AutoFill feature to import) on the T-Slips page in TurboTax, do not enter them again under your Capital Gains & Capital Gains Deduction Profile, and vice-versa. Doing so will cause double reporting.

Be sure to keep your documents available to submit as proof if requested by the Canada Revenue Agency (CRA).

Please contact our phone support team or contact us directly on Facebook or Twitter if you require further assistance.