Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Kavius
New Member

Where do I enter t5 boxes 21 and 42?

 
1 Best answer

Accepted Solutions

Where do I enter t5 boxes 21 and 42?

Box 21 is only a code identifying the slip as either "O" original or "A" amended.  It does not need to be entered on your return.

Box 42 is a return of capital usually, which is your own money, and is not reported.

You can look at the box numbers for taxable income here.

http://www.cra-arc.gc.ca/E/pbg/tf/t5/t5-fill-14e.pdf


View solution in original post

1 Reply

Where do I enter t5 boxes 21 and 42?

Box 21 is only a code identifying the slip as either "O" original or "A" amended.  It does not need to be entered on your return.

Box 42 is a return of capital usually, which is your own money, and is not reported.

You can look at the box numbers for taxable income here.

http://www.cra-arc.gc.ca/E/pbg/tf/t5/t5-fill-14e.pdf