topic If on the T5008, it gives me a choice between capital gain and investment income. This is all stock transactions. What is the difference? in Investors and rental owners https://turbotax.community.intuit.ca/community/investments-rentals/discussion/if-on-the-t5008-it-gives-me-a-choice-between-capital-gain-and-investment-income-this-is-all-stock/01/942810#M6322 Thu, 31 Oct 2019 09:54:44 GMT evawarren 2019-10-31T09:54:44Z If on the T5008, it gives me a choice between capital gain and investment income. This is all stock transactions. What is the difference? https://turbotax.community.intuit.ca/community/investments-rentals/discussion/if-on-the-t5008-it-gives-me-a-choice-between-capital-gain-and-investment-income-this-is-all-stock/01/942810#M6322 Thu, 31 Oct 2019 09:54:44 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/if-on-the-t5008-it-gives-me-a-choice-between-capital-gain-and-investment-income-this-is-all-stock/01/942810#M6322 evawarren 2019-10-31T09:54:44Z Investment income is usually something like interest, ex:... https://turbotax.community.intuit.ca/community/investments-rentals/discussion/investment-income-is-usually-something-like-interest-ex/01/942811#M6323 <P>Investment income is usually something like interest, ex: you own a bond and you get paid a small amount regularly as long as you own it.<BR /></P><P>Capital Gains/Losses occur when you sell something, ex: you sold some shares or a building.&nbsp;<A rel="nofollow" href="https://turbotax.community.intuit.ca/replies/2647660" target="_blank">https://turbotax.community.intuit.ca/replies/2647660</A></P><P>On a&nbsp;T5008, box 11 Indicates the Recipient type.</P><P><STRONG>1</STRONG>&nbsp;= individual</P><P><STRONG>2</STRONG>&nbsp;= joint account</P><P><STRONG>3</STRONG>&nbsp;= corporation</P><P><STRONG>4</STRONG>&nbsp;= other, e.g., association, trust (fiduciary-trustee, nominee, or estate), club, or partnership.<BR /></P> Thu, 31 Oct 2019 09:54:46 GMT https://turbotax.community.intuit.ca/community/investments-rentals/discussion/investment-income-is-usually-something-like-interest-ex/01/942811#M6323 TurboTaxKim 2019-10-31T09:54:46Z
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topic If on the T5008, it gives me a choice between capital gain and investment income. This is all stock transactions. What is the difference? in Investors and rental owners
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/if-on-the-t5008-it-gives-me-a-choice-between-capital-gain-and-investment-income-this-is-all-stock/01/942810#M6322
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If on the T5008, it gives me a choice between capital gain and investment income. This is all stock transactions. What is the difference?
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/if-on-the-t5008-it-gives-me-a-choice-between-capital-gain-and-investment-income-this-is-all-stock/01/942810#M6322
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Investment income is usually something like interest, ex:...
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https://turbotax.community.intuit.ca/community/investments-rentals/discussion/investment-income-is-usually-something-like-interest-ex/01/942811#M6323
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<P>Investment income is usually something like interest, ex: you own a bond and you get paid a small amount regularly as long as you own it.<BR /></P><P>Capital Gains/Losses occur when you sell something, ex: you sold some shares or a building.&nbsp;<A rel="nofollow" href="https://turbotax.community.intuit.ca/replies/2647660" target="_blank">https://turbotax.community.intuit.ca/replies/2647660</A></P><P>On a&nbsp;T5008, box 11 Indicates the Recipient type.</P><P><STRONG>1</STRONG>&nbsp;= individual</P><P><STRONG>2</STRONG>&nbsp;= joint account</P><P><STRONG>3</STRONG>&nbsp;= corporation</P><P><STRONG>4</STRONG>&nbsp;= other, e.g., association, trust (fiduciary-trustee, nominee, or estate), club, or partnership.<BR /></P>
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