T3/RL 16 - Box 21

mmazza — Fri, 04 Apr 2025 12:58:49 GMT

Hello,

I have a capital gain of $104.90 showing on my T3 (Boxes 52 and 53 add up to this amount - $41 + 63.90 respectively). On the Quebec side, Box A = $104.90 with Boxes A-5 and A-6 adding up to this amount).

Turbo Tax shows 2 boxes of Box 21 on the T3 and reports the $104.90 under each. One is Capital Gains = $104.90 and the other, Foreign Capital Gains = $104.90. Seems odd to me that it would fall under both. BMU is noted for the source country of foreign income.

Thanking you in advance.

Re: T3/RL 16 - Box 21

TurboTax_Susan — Sun, 06 Apr 2025 19:40:25 GMT

On an actual T3 slips Box 21 is your Total Capital Gains. In TurboTax, a second Box 21 has been added so that you can separate your Foreign Capital Gains from your Total Capital Gains. In your case, they happen to be the same amount, but some people might have only a portion of their gains from foreign sources.

topic Re: T3/RL 16 - Box 21 in Quebec taxes

T3/RL 16 - Box 21

Re: T3/RL 16 - Box 21