SOFTWARE ERROR - T5008 entries NOT rolling forward onto Schedule 3

[jazzzziii]

TURBOTAX EXECUTIVE TEAM - you need to issue a software update immediately with the only purpose of displaying a message explaining to anyone with capital gains inputted with various methods including autofill, how to fix the reporting of capital gains/losses and how to resolve any problems that occur during efile to CRA and RQ. This is the urgent, responsible and minimal approach needed at this late stage! We can assume that hundreds or thousands of users of your software besides the few on this thread might have no idea about what's going on or will find out very soon and panic when they try to efile, or perhaps file under reported gains. I would recommend sending emails to Intuit senior management US/Canada, starting with PR and IR contacts are in news releases. We are the tip of the iceberg. 

DO THE RIGHT THING INTUIT. TELL ALL USERS WITHIN THE NEXT 24 HOURS!!!

[jazzzziii]

ANYONE WHO HAS SUCCESSFULLY WORKED AROUND TT FLAWS RE T5008 NOT REFLECTING IN SCHEDULE 3, AND EFILED. PLEASE SUMMARIZE THE STEPS BELOW (ADD TO):

1. In each t5008 slip, select the type of income (cap gain usually), and set the date of disposition to 01/01/2024, save the file. My schedule 3 did update finally with the totals from the t5008s. You can autofill from revenu quebec if in quebec, this generates all the T5008s.

2. After autofilling from revenu quebec, my t3/t5 and rl3/rl16 look like they need work, not sure yet, the slips are mostly blank, no names anywhere. I have hardly any investment income showing on T1 vs a lot on the quebec side so not sure what's going on there. 

3. Any other issues list here step by step please, all the way to efiling issues and workarounds. 

[JQ8]

Like I said before, I manually fixed the date(I used 12/31/2024) / type/ percentage for each item of T5008, then the rest of it worked fine , including efiling to CRA.

BTW, I found one word can describe Turbo Tax Team: Arrogance. After I finished my tax thing, I tried ChatGPT to make my efile to see how it works. You know what ? it looks not perfect but way better than my expectation. Sooner or later, Turbo Tax will be punished by its wrong doing today.

[jazzzziii]

thanks for the update. Other people seem to be using 01/01/2024 as the date, since it corresponds to period 1 of cap gains before the hypothetical period 2 increase mid year that never happened. 

what do you mean tried efile in chat gpt? chat gpt can efile tax returns to cra now?

[JQ8]

My T5008 file from IB, the date on it all are 31/12/2024, I just followed it.  ChatGPT of course can't do efile for CRA now, but I just played it and believe it(or other AI model) will one day to replace the current process of filing tax.

[KEKY]

Taxes were already Netfiled before I discovered this error.  There are over 150 entries to be modified.  Please come up with a solution for Refile.

[TurboTaxSusan]

Unfortunately, the date is required on the the T5008 for 2024. You also need to select Capital Gains for the type of income. If you have many slips, you can combine them.  

Thank you for using TurboTax.