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New Member
posted Oct 29, 2019 7:22:39 PM

I have a T3 (Statement of Trust Income and Allocations and Designations). There are only amounts in Box 26(other income) anf box 42 but no where to enter it in Turbo Tax

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1 Best answer
New Member
Oct 29, 2019 7:22:40 PM

There is a place for the T3 with those boxes in both our desktop & online product.

If you are using online: 

  1. click on Income tab at top
  2. click on T-slip
  3. check off T3 slip and continue to T3
  4. on T3 slip look for both boxes in the right side column
  5. Box 26 says: Other Income or Other Income - Interest (this is the most common)
  6. Box 42 is below that a few fields and says: Amount resulting in cost base adjustment

If you are using desktop (in EasyStep interview):

  1. click on Income & Expenses in the left hand menu
  2. click on T-slips
  3. check off T3 then continue to T3 slip
  4. Box 26 says: Other Income
  5. Box 42 is below that a few fields and says: Amount resulting in cost base adjustment

5 Replies
New Member
Oct 29, 2019 7:22:40 PM

There is a place for the T3 with those boxes in both our desktop & online product.

If you are using online: 

  1. click on Income tab at top
  2. click on T-slip
  3. check off T3 slip and continue to T3
  4. on T3 slip look for both boxes in the right side column
  5. Box 26 says: Other Income or Other Income - Interest (this is the most common)
  6. Box 42 is below that a few fields and says: Amount resulting in cost base adjustment

If you are using desktop (in EasyStep interview):

  1. click on Income & Expenses in the left hand menu
  2. click on T-slips
  3. check off T3 then continue to T3 slip
  4. Box 26 says: Other Income
  5. Box 42 is below that a few fields and says: Amount resulting in cost base adjustment

New Member
Oct 29, 2019 7:22:42 PM

TurboTax 2015 Desktop has no Box 42 field on the T3 entry form.

New Member
Oct 29, 2019 7:22:43 PM

There is a box 42 in the field of T3 entry. Please go to forms mode and below you will see a tab that says slips. Click on it and fine T3 slip now you will see a box  other amount ( say other amount 42 &45) click on that box and you will have the option to fill in box 42 or box 45.

New Member
Oct 29, 2019 7:22:44 PM

Not displayed on my window.   The bottom of the slip entry window appears to be cut off.   No closing lines on the bottom row, and down arrow a couple of times before going to the next slip.   Looks like a slip entry display window problem.

New Member
May 29, 2020 3:03:38 PM

I have a T3 with Boxes 49, 50 and 51 filled in.

There is no way to enter these into the T3 for Turbo Tax ?

Need urgent reply