topic Re: 2024 Capital losses in Filing

2024 Capital losses

giammam — Thu, 23 Jan 2025 15:52:14 GMT

After recording information in the T5008 and RL18 tax slips, the capital losses from June 25, 2024 to December 31, 2024 are not being captured in the Quebec schedule G. This is happening with the TurboTax 20 product.

Re: 2024 Capital losses

TurboTax_Susan — Fri, 14 Feb 2025 18:43:10 GMT

Please make sure that on the T5008 you have put in a percentage at the top of the form.

Also make sure that you've updated TurboTax, as a new update has just been released.

Re: 2024 Capital losses

giammam — Sat, 25 Jan 2025 15:26:35 GMT

Hi,

The recommended solutions to put percentages and ensuring latest TurboTax update were both done prior to my post. The software for TurboTax 20 Returns is NOT capturing the capital losses of shares sold between June 25 to December 31, 2025 within the Quebec tax return. All data was entered correctly in the T5008 slip. Please advise. Thanks.

Re: 2024 Capital losses

Anonymous — Sat, 25 Jan 2025 16:18:29 GMT

According to Revenu Quebec, Schedule G will be available on January 31, 2025. This may be the reason why you don't see the T5008/RL 18 info in your Schedule G. You can consult this information on this link.

We suggest you to make sure all your Releves for your Quebec return are properly entered and, as soon as Revenu Quebec send us the finalized Schedule, TurboTax will be updated.

If after January 31st the issue persist and your software is updated, we suggest you to contact Product support team and report it. They will be able to screenshare with you and investigate, if needed.

Thank you for choosing TurboTax.

Re: 2024 Capital losses

giammam — Tue, 04 Feb 2025 14:20:02 GMT

Hi,

You had indicated that Revenu Quebec, Schedule G will be available on January 31, 2025. As of today February 4, 2025 no update is available. Any news? Thanks.

Re: 2024 Capital losses

TurboTaxBrenda — Tue, 04 Feb 2025 15:45:10 GMT

With the updated changes that the government made with the Capital Gains, Revenue Canada now shows that Schedule G—Capital Gains and Losses (available soon). Here is the link, if you'd like to check when it will be available.

Thank you for choosing TurboTax.

Re: 2024 Capital losses

giammam — Fri, 14 Feb 2025 17:16:34 GMT

Hi,

Looks like Revenue Quebec Schedule G is updated, however, the software (TurboTax 20) is stiil having the same issue and no update is available at this time. When will this be corrected? Thank you.

Re: 2024 Capital losses

TurboTax_Susan — Fri, 14 Feb 2025 18:43:19 GMT

@giammam Our development team is still working on fixing issues with Schedule G and other related forms ASAP.

Thank you for your patience.

Re: 2024 Capital losses

giammam — Thu, 20 Feb 2025 20:41:16 GMT

Does today's software update include fixes to Quebec schedule G? The issue is still unresolved. Capital losses recorded after June 24th are not being captured in schedule G. Thank you.

Re: 2024 Capital losses

TurboTax_Susan — Thu, 20 Feb 2025 21:53:27 GMT

@giammam No, Quebec schedule G still being worked on. You can see a list of forms that are still in development here: https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/tax-return/turbotax-say-forms-locked-finalized/L9h4thZZJ_CA_en_CA

We appreciate your patience.

Re: 2024 Capital losses

giammam — Wed, 05 Mar 2025 16:14:04 GMT

Any news on when the capital gains schedules will be finalized (Quebec Schedule G)?

Re: 2024 Capital losses

TurboTaxAniqua — Thu, 06 Mar 2025 14:29:33 GMT

Schedule 3 s still locked by CRA and not finalized by yet. Please refer to this link Why does TurboTax say my forms are locked or haven't been finalized?

We do not have any ETA on this yet but as soon a these forms gets finalize we will be updating them in TurboTax for an accurate calculations.

We appreciate your patience.

Re: 2024 Capital losses

giammam — Wed, 12 Mar 2025 23:04:49 GMT

This is very frustrating. Why is it taking so long to unlock forms? When do you expect all Capital Gains/Losses related forms to be unlocked? I cannot print and file my returns. Please advise.

Mario

Re: 2024 Capital losses

TurboTax_Susan — Tue, 25 Mar 2025 19:41:31 GMT

UPDATE: All forms for 2024 are unlocked.

If you are using TurboTax Desktop, please update your software. (Help>Update)

If you are using TurboTax Online, you may need to clear your cache and cookies to see the changes, or you can try using another browser.