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New Member
posted Oct 29, 2019 11:16:32 PM

How do I handle short sales reported on T5008 with no disposition ?

I imported my T5008s from CRA. I had some short sales in 2015 whose positions were still open at the end of the year (no disposition). How do I handle this in Turbotax so that no income is calculated?

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1 Best answer
New Member
Oct 29, 2019 11:16:33 PM

Hi,

You can input your capital gain transactions in T5008. The CRA requires you to complete tax form Part 3 Schedule 3 for each stock trade identified on your T5008.
 
For, Short sales whose position is still open, you need not report it in Schedule 3

Thanks


1 Replies
New Member
Oct 29, 2019 11:16:33 PM

Hi,

You can input your capital gain transactions in T5008. The CRA requires you to complete tax form Part 3 Schedule 3 for each stock trade identified on your T5008.
 
For, Short sales whose position is still open, you need not report it in Schedule 3

Thanks