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New Member
posted Apr 3, 2024 7:42:44 PM

No Place to Enter Capital Gains Loss?

I am a non-resident and entered my Canadian investment capital gains under the T5008 in TurboTax. When selecting capital gains, it does not allow the Proceeds amount to be negative ("May contain a negative amount only if the type of securities in box 15 is a future (FUT) or an option contract "), so I don't see how to enter a capital loss. I also do not see the tax number changed when I make additional capital gains entries. Am I missing something in this process?

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1 Replies
Intuit Alumni
Apr 4, 2024 7:26:37 AM

For guidance, please see our TurboTax video: Claiming losses on your investments | TurboTax Support Canada. If you still need help with this situation, we believe your best option is to contact our telephone support team for further assistance, as they have the option to view your screen to help resolve the issue. To contact them, please follow this link: Contact Us. When asked if you wish to receive an email say NO then say "speak to a representative" then hold the line.

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