No, a T5 is not the same thing as a T5008 Slip. While a T5008 slip details your securities transactions, a T5 is a statement of investment income. Investment income is what you earn in interests and dividends on investments and only those in a non-registered account. Both sources of income must be reported on your T1 with your yearly tax return.
It is important to note that however, there may be an overlap between these two slips. They may reflect the same income, and therefore reporting them both would have you report the same income twice. You should consult with those who issued you the slips to understand exactly what you need to report.
More about T5008 and T5 you can find in our Turbo Tax article here T5008 Slip – Statement of Securities Transactions.
Thank you for choosing TurboTax.
lucianka18
New Member
wesley2211
New Member
khim1991-gmail-c
New Member
charley#3
New Member
Picto242
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.