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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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posted
May 16, 2021
9:31 AM
last updated
May 16, 2021
9:31 AM
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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
If you have any questions, you can contact our phone support team or contact us via private chat on Facebook or Twitter.
August 12, 2021
1:37 PM