topic Does entering info on form T5008 automatically update Schedule 3 for capital gains? It does not seem to do so on mine. in Self-employed https://turbotax.community.intuit.ca/community/self-employed/discussion/does-entering-info-on-form-t5008-automatically-update-schedule-3-for-capital-gains-it-does-not-seem/01/908759#M2954 Wed, 30 Oct 2019 13:58:15 GMT GMantle 2019-10-30T13:58:15Z Does entering info on form T5008 automatically update Schedule 3 for capital gains? It does not seem to do so on mine. https://turbotax.community.intuit.ca/community/self-employed/discussion/does-entering-info-on-form-t5008-automatically-update-schedule-3-for-capital-gains-it-does-not-seem/01/908759#M2954 Wed, 30 Oct 2019 13:58:15 GMT https://turbotax.community.intuit.ca/community/self-employed/discussion/does-entering-info-on-form-t5008-automatically-update-schedule-3-for-capital-gains-it-does-not-seem/01/908759#M2954 GMantle 2019-10-30T13:58:15Z On the T5008 there is a spot to indicate if the income is... https://turbotax.community.intuit.ca/community/self-employed/discussion/on-the-t5008-there-is-a-spot-to-indicate-if-the-income-is/01/908760#M2955 <P>On the T5008 there is a spot to indicate if the income is a Capital GAin, or Investment income.&nbsp; In most cases the income is a Capital gain, and if indicated this will be reflected on the Schedule 3.<BR /><BR />If the income is indicated as Investment income, this is then reported on the Schedule 4.</P> Wed, 30 Oct 2019 13:58:16 GMT https://turbotax.community.intuit.ca/community/self-employed/discussion/on-the-t5008-there-is-a-spot-to-indicate-if-the-income-is/01/908760#M2955 TurboTaxJeffrey 2019-10-30T13:58:16Z
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topic Does entering info on form T5008 automatically update Schedule 3 for capital gains? It does not seem to do so on mine. in Self-employed
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Does entering info on form T5008 automatically update Schedule 3 for capital gains? It does not seem to do so on mine.
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https://turbotax.community.intuit.ca/community/self-employed/discussion/does-entering-info-on-form-t5008-automatically-update-schedule-3-for-capital-gains-it-does-not-seem/01/908759#M2954
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On the T5008 there is a spot to indicate if the income is...
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<P>On the T5008 there is a spot to indicate if the income is a Capital GAin, or Investment income.&nbsp; In most cases the income is a Capital gain, and if indicated this will be reflected on the Schedule 3.<BR /><BR />If the income is indicated as Investment income, this is then reported on the Schedule 4.</P>
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