Solved: My T5008 is 16 pages long can I enter all the item...

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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

I have approximately 200+ stock trades to report. Do  I have to enter each and every different stock into the On-Line version of Turbo Tax in the T5008 section?

How can I enter them into the Schedule 3 directly? 


Last year I maxed out the capital gains/loss section & used up most of the T5008 entry spots also with less trades than tiis year.

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Accepted Solutions
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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

No need to report every single item. You can group like sales together. For example if  Share XYZ sold 4 times last year, enter XYZ once and include the totals of the 4 trades. 

You can use either the T5008 or the S3 > click on the Income tab and select "Investments" then "Capital gains". 

View solution in original post

6 Replies
Highlighted
New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

No need to report every single item. You can group like sales together. For example if  Share XYZ sold 4 times last year, enter XYZ once and include the totals of the 4 trades. 

You can use either the T5008 or the S3 > click on the Income tab and select "Investments" then "Capital gains". 

View solution in original post

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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

Thanx for the response. I am grouping them together but I still have approx. 200 entries (200 different
 stocks)
Highlighted
New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

You can still group them up. Even do just ONE trade for all of them.
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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

Oh. Thanx. That will help and save me hours as I type slowwwww. LOL.  All are listed on the T5008 which the government has. Thanx again. I was not sure if that was acceptable.
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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

As long as CRA sees the gain or loss, they are ok with it. 🙂
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New Member

My T5008 is 16 pages long can I enter all the items within the T5008 section of the OnLine version? Can I enter them into the Schedule 3 & where is the Schedule 3?

Can you please provide more detail on how to input a long (too long to import through TurboTax) T5008 summary into turbotax as ONE trade? For example, if you post as ONE trade, what transaction date do you post in turbotax when the transactions occurred throughout 2019? What exchange rate do you use? How do you account for Canadian dollar and US dollar transactions? My T5008 Summary give me the the Total Canadian Dollar Equities, bonds & Others, and as well Total U.S. Dollar Equities, Bonds & Others. Please advise. Thank you.