Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

Should only 50% of capital gains from t5008 be taxed??

 
1 Reply

Should only 50% of capital gains from t5008 be taxed??

Yes. Generally, only 50% of your capital gains are taxable. However, the amount on your T5008 is combined with any other capital gains/losses, so your total might not work out to exactly half of what's on that single slip.