How come box 21 on a T3 is not transferring over to line 68140 on schedule 3?

[cam222]

The latest update still does not solve the issue. When a person has a T3 with capital gains in box 21 it is not transferring to box 68140 in Chart A form T936 when you also have capital losses from T5008s. This generates the error when filing.

[DU9]

Updated turbo tax yesterday but still having the same problem with box 68140 on the T936. It is working correctly for my return but not for my spouse’s return as he has a capital loss on schedule 3.  Any idea when this will be fixed?

[BF1925]

I just updated today (Friday Apr.04/25 at 7:00 p.m. eastern) & it still does not work.

I there something else I can do?

I have been using Turbo Tax (before Quick Tax) for many years & I have never had a problem.

Now this year I have 2 errors that are still not resolved.  

The other error is on T691 that line 22100 from the T1 General is not transferring over to line 67820 0r 67840 on the T691.

I am starting to get a little concerned that these issues are not resolved yet.

[davidcfo]

I am not sure where 68140 is, but it is not updating to 17599 or 17600 on the T1 for 2024 as of today.  I just updated the software.

Is this on the list to be fixed shortly?

[TurboTaxVeronique]

@cam222 We will need some more details to be able to assist you properly. 

On your T3s, which period do you have the amount in? box 52 or 53? And on Schedule 3 part 4, do you see your losses? 

On your T5008, can you please verify you entered the date of disposition (box 14).

Can you please make sure you have the latest version of TurboTax Desktop? Should be 00.01.62 Build 6007 068G25

We made some tests and it is working, but we know some of our customers are still experiencing issues with these forms.

Thank you for choosing TurboTax.

[BF1925]

Thank you for your response:

I added box 52 & 53 together & put them in box 53.

No on line 17599 on schedule 3 part 4 is blank, but on line 17600 shows a gain

I do have dates for all of my T5008 forms (box 14)

Yes I do have the latest version.

Line 68140 is still blank even though all the box 21 from the T3 slips ads up to $2,159.15

[cam222]

Hi

In answer to your questions:

Yes I have the latest version of the software (matches what you wrote)

Yes I see the capital gains and losses in Part 4. The capital losses are from a T5008 which I did not enter in T5008 but entered in the capital gains section. The capital losses show in Period 1 and the capital gain from the T3 shows in Period 2. It is in box 53 in the T3. Box 19900 in Part 5 calculates correctly.

The only issue I seem to have is that box 21 from the T3 does not transfer into box 68140 on Chart A.

[cam222]

As a second reply I tried removing the capital losses I entered and input them in the T5008 section. No change.

Next I removed all capital gains and losses and then box 21 from the T3 did transfer into box 68140.

Next I added a capital gain in the T5008 section and box 21 from the T3 still transferred into box 68140.

Lastly, I added a capital loss stock in the T5008 section and box 21 now DID NOT transfer into box 68140.

[cam222]

I noticed that in Chart A box 1 (and others in Chart A) it says if the number is negative show the amount in brackets. In the case of capital losses from T5008 as in my case box 1 is negative and in the software it shows as a negative number not a number in brackets. Could this be the issue?

[TurboTaxVeronique]

@BF1925 A private message will be sent to you. To access it, please log in to your TurboTax community account and click on the envelope icon in the top right-hand corner.

We will have a closer look at this.

Thank you for choosing TurboTax.