Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 29, 2023 3:48:47 PM

Where ennter retrun of capital on T3 form?

0 1 196
1 Replies
Returning Member
May 1, 2023 9:28:06 AM

Return of Capital on a T3 does not need to be entered in your tax return.  This amount is for information purposes only.  Note that this amount will affect your ACB (Adjusted Cost Base) in the year you sell the mutual fund.  Please refer to CRA publication RC4169 Tax Treatment of Mutual Funds for Individuals:

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4169.html