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posted Apr 14, 2020 9:12:00 AM

Does the Capital Gains screen for share transactions need to be filled in when all the relevant information has been entered from T5008 slips?

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1 Replies
Level 15
Apr 17, 2020 3:06:51 PM

No, you do not need to enter these transactions again in the Capital Gains & Capital Gains Deduction Profile of TurboTax if you have already entered them as T5008s.

 

To do so would double the amount of any Capital Gains or Losses incurred.