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New Member
posted Oct 30, 2019 2:15:30 PM

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?

0 3 1929
3 Replies
Level 13
Oct 30, 2019 2:15:31 PM

Are you referring to your Canadian tax return or your American one? Because this is TurboTax Canada.

New Member
Oct 30, 2019 2:15:33 PM

Canadian Tax Return.

Level 13
Oct 30, 2019 2:15:34 PM

You would go under the Income tab - Tslips - Foreign Slip is where you would enter in your foreign losses.