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When I enter the information from my T5008 it is showing the entire investment as income/captial gains. Only a small portion of this investment should be taxable. Help

 
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When I enter the information from my T5008 it is showing the entire investment as income/captial gains. Only a small portion of this investment should be taxable. Help

You will need to complete Box 20 on the T5008 with your ACB (cost or book value) of the transaction. This is often the original purchase price but you will need to confirm that information as many factors can adjust this amount such as multiple purchases over an extended period of time or "returned Capital" during the ownership period.

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When I enter the information from my T5008 it is showing the entire investment as income/captial gains. Only a small portion of this investment should be taxable. Help

You will need to complete Box 20 on the T5008 with your ACB (cost or book value) of the transaction. This is often the original purchase price but you will need to confirm that information as many factors can adjust this amount such as multiple purchases over an extended period of time or "returned Capital" during the ownership period.