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Is the sale of publicly traded US securities reported and handled with Canadian securities? Reported through TurboTax in the same manner?
I have a sale of US holdings through a Canadian bank for which I have a significant capital loss (approximately $40,000). How is that reported? All I received was a statement from the bank showing the disposition. Is there anything I need to do for a US filing?
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Is the sale of publicly traded US securities reported and handled with Canadian securities? Reported through TurboTax in the same manner?
Are you referring to your Canadian tax return or your American one? Because this is TurboTax Canada.
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Is the sale of publicly traded US securities reported and handled with Canadian securities? Reported through TurboTax in the same manner?
Canadian Tax Return.
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Is the sale of publicly traded US securities reported and handled with Canadian securities? Reported through TurboTax in the same manner?
You would go under the Income tab - Tslips - Foreign Slip is where you would enter in your foreign losses.