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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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Does entering info on form T5008 automatically update Schedule 3 for capital gains? It does not seem to do so on mine.
On the T5008 there is a spot to indicate if the income is a Capital GAin, or Investment income. In most cases the income is a Capital gain, and if indicated this will be reflected on the Schedule 3.
If the income is indicated as Investment income, this is then reported on the Schedule 4.
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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.
On the T5008 there is a spot to indicate if the income is a Capital GAin, or Investment income. In most cases the income is a Capital gain, and if indicated this will be reflected on the Schedule 3.
If the income is indicated as Investment income, this is then reported on the Schedule 4.