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
Level 2
posted Oct 30, 2019 11:21:38 PM

Can i fill in my cost in t5008? will it update?

0 2 1582
1 Best answer
Level 2
Oct 30, 2019 11:21:40 PM

my 42 t 5008 all have the proceeds amounts but no cost values. i know the cost values, can i just enter the values in t 5008 myself - will it update. or do i have to enter each one in sch. 3 myself.

2 Replies
Level 2
Oct 30, 2019 11:21:40 PM

my 42 t 5008 all have the proceeds amounts but no cost values. i know the cost values, can i just enter the values in t 5008 myself - will it update. or do i have to enter each one in sch. 3 myself.

New Member
Oct 30, 2019 11:21:41 PM

You have to enter all the information in Schedule 3 as Turbotax does not auto-populate from T5008s to schedule 3 - it should, but it doesn't.