Hi. We are happy to help you how to find the Schedule 3 form for publicly traded stocks. Please follow the below instructions to guide you if you are using TurboTax Online Software:
1. Go to the Find button on the upper-right of your TurboTax screen.
2. Type " Capital Gains and Capital Gains Deduction Profile " ( it is also known as Schedule 3 form in TurboTax) then click "Go".
3. Select "Enter new dispositions" and select "Mutual Funds/publicly traded shares/stocks" in the box "Type of Captial Property".
4. Enter your publicly traded stocks information and click "Done".
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Hi TurboTax,
Your form is faulty. Dispositions do not always result in a loss just based on the proceeds vs ACB.
You need to give us a way to mark the disposition as triggering a superficial loss.
Otherwise there is no way for us to get the line on Schedule 3 but NOT include the loss in the net loss/gain calculation.
Please reply!