Investment capital gains

concrete1 — Wed, 26 Mar 2025 06:20:45 GMT

Since I realized a capital gain after June 25, 2024, I was issued a T4 slip that reported a security option benefit ($100) in box 90 and a security options deduction ($50) in box 91.

While the line 24900 shows a deduction of $50 (from box 91), the line 24901 automatically calculated an additional deduction of $25 (or 50% of $50). The total deduction is now $75 and the net income is incorrectly reported as $25 (it should be 50% of the $100 gain or $50).

Should I change the box 91 deduction to $33.33 (instead of $50 per Box 91) so that line 24901 automatically reports a deduction of $16.67 (or 50% of $33.33)? The total deduction would change to $50 and the net income would be correctly reported as $50 (or 50% of the $100 gain). Thanks!

Re: Investment capital gains

TurboTaxAniqua — Fri, 28 Mar 2025 12:55:02 GMT

You can override and change the amounts; if it is necessary; you will still be able to Netfile.

Thank you for choosing TurboTax.

topic Investment capital gains in Investors and rental owners

Investment capital gains

Re: Investment capital gains