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cblack-rogers-co
New Member

T5008 - adding securities... for "Type of Income" how do I know whether to enter "Capital Gains" or "Investment"? (securities = bond, dividend, market pools)

 
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Antomeister
Level 3

T5008 - adding securities... for "Type of Income" how do I know whether to enter "Capital Gains" or "Investment"? (securities = bond, dividend, market pools)

You have capital gains when you sell something, like a stock or a bond.

 

You have an investment when you earn money from something you own, like interest from a bank or dividends from a stock.

 

Please see this TurboTax article for more information on types of investments: Taxing Investments in Canada

 

Thank you for choosing TurboTax.

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