Instructions for TurboTax Online
If you have a T5
- Select Find from the menu and enter T5
- Select T5 Investment Income from the list of results, and then select Go
- On the T5 - Summary step, select Enter New T5
- On the T5 - Investment Income step, fill out the form in TurboTax with the information from your slip. Note: If the slip is for a joint investment with your spouse/partner, enter the portion of the gain that your spouse is claiming where it says Enter percentage of slip to claim on your spouse’s tax return (if applicable)
- If you’re preparing your return together with your spouse/partner’s return:
- Don’t enter this same slip on your spouse/partner’s return. TurboTax automatically calculates each spouse/partner’s portion based on the percentage you enter
- If you’re preparing your return separately from your spouse/partner’s return:
- Based on the percentage you enter, TurboTax automatically calculates your portion and claims it on your return
- Select Done With T5
- On the T5 - Summary step appears, review the on-screen information and follow the instructions below that match your situation:
- If the information is correct, select Done With T5s
- If the information is incorrect, select Edit next to the slip and correct the information. When you return to this step, select Done With T5s
- If you have more T5 slips to enter, select Enter New T5. When you return to this step, select Done With T5s
If you have a T5 and a Relevé 3
- Select Find from the menu and enter T5
- Select T5 / Relevé 3 Investment Income from the list of results, and then select Go
- On the T5 - Relevé 3 - Summary step, select Enter New T5 - Relevé 3
- On the T5 - Investment Income step, fill out the form in TurboTax with the information from your slip
- Select Enter Relevé 3
- On the Relevé 3 - Investment Income step, fill out the form in TurboTax
- Select Done With T5 - Relevé 3
- On the T5 - Relevé 3 - Summary step, review the on-screen information and follow the instructions below that match your situation:
- If the information is correct, select Done With T5 and Relevé 3 Slips
- If the information is incorrect, select Edit next to the slip and correct the information. When you return to this step, select Done With T5 and Relevé 3 Slips
- If you have more slips to enter, select Enter New T5 - Relevé 3. When you return to this step, select Done With T5 and Relevé 3 Slips
Instructions for TurboTax CD/Download
If you have a T5
- Select Find from the menu and enter T5
- Select T5 Investment income from the list of results, and then select Go
- On the Entering your federal T-slips step, select T5 - Investment Income
- Select Continue
- On the T5 - Investment Income step, fill out the form in TurboTax with the information from your slip
- If you have more T5 slips to claim, select Enter New T5 and fill out the form, repeating this step for each slip. Note: If the slip is for a joint investment with your spouse/partner, enter the portion that you’re claiming where it says Your percentage
- The amounts you entered won’t appear on your spouse/partner’s T5 slip entry step. Instead, it'll be included on their Schedule 4 - Statement of Investment income
- Select Done With T5
- On the T5 - Summary step, review the on-screen information and follow the instructions below that match your situation:
- If the information is correct, select Done With T5s
- If the information is incorrect, select Edit next to the slip and correct the information. When you return to this step, select Done With T5s
- If you have more T5 slips to enter, select Enter New T5. When you return to this step, select Done With T5s
If you have a T5 and a Relevé 3
- Select Find from the menu and enter T5
- Select T5 / Relevé 3 Investment income from the list of results, and then select Go
- On the Entering your federal T-slips and relevé slips step, select T5 / Relevé 3 - Investment Income
- Select Continue
- On the T5 - Investment Income step, fill out the form in TurboTax with the information from your slip
- Select Enter Relevé 3
- On the Relevé 3 - Investment Income step, fill out the form in TurboTax
- Select Done With T5 - Relevé 3
- On the T5 - Relevé 3 - Summary step, review the on-screen information and follow the instructions below that match your situation:
- If the information is correct, select Done With T5 and Relevé 3 Slips
- If the information is incorrect, select Edit next to the slip and correct the information. When you return to this step, select Done With T5 and Relevé 3 Slips
- If you have more slips to enter, select Enter New T5 - Relevé 3. When you return to this step, select Done With T5 and Relevé 3 Slips
Related information
How do I enter a T4E (and Relevé 6, if applicable)?
How do I enter a T4A slip (and matching Relevé 1 / Relevé 2, if applicable)?
What do I do if I have a T4 slip with no matching RL-1 slip, or an RL-1 slip with no matching T4?