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Why did my refund change drastically when I entered a small capital gain? How do I calculate my trading fees if not showing up on my T5008?

 
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Why did my refund change drastically when I entered a small capital gain? How do I calculate my trading fees if not showing up on my T5008?

Thank you for your question.

 

If you would like to see a breakdown of your tax return (and taxes owed),follow these instructions:

 

1) Open your TurboTax return

2) Click on Review on the left hand side of the page

3) Click on Bottom Line (Tax Summaries)

4) Click on Detailed Tax Summary; there, you will find a breakdown of total income, net income, taxable income, tax credits and ultimately your taxes owing or your refund.

 

For more information, please see the link below:

 

T5008 Slip – Statement of Securities Transactions

 

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