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t2mercer
New Member

Sch 3 Sect 4 only has two rows. If there were more than 2 RE assets sold, how can the software add more lines to this section. 4 assets were sold in a T2057 rollover.

How to get Turbo Tax to add more than 2 lines to Schedule 3 section 4.

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Sch 3 Sect 4 only has two rows. If there were more than 2 RE assets sold, how can the software add more lines to this section. 4 assets were sold in a T2057 rollover.

As there is no way to add another line to this section of the Schedule 3 in TurboTax, you will have to add a couple of your transactions together.

Often times a taxpayer will enter a "total sum" on the Schedule 3 in regards to multiple Capital Gain transactions. It's ok to do it this way, just be sure you have your documents available if CRA requests to see them. 

The actual Schedule 3 form from CRA only has one line, completing that and paper filing your return with that attached is not really an option either. 

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1 Reply

Sch 3 Sect 4 only has two rows. If there were more than 2 RE assets sold, how can the software add more lines to this section. 4 assets were sold in a T2057 rollover.

As there is no way to add another line to this section of the Schedule 3 in TurboTax, you will have to add a couple of your transactions together.

Often times a taxpayer will enter a "total sum" on the Schedule 3 in regards to multiple Capital Gain transactions. It's ok to do it this way, just be sure you have your documents available if CRA requests to see them. 

The actual Schedule 3 form from CRA only has one line, completing that and paper filing your return with that attached is not really an option either.