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What does "type code of securities' mean at Box 14 on the T5008 turbo screen mean? What is the 'code' they are looking for?

 
2 Replies
Jeffuuright
Employee Tax Expert

What does "type code of securities' mean at Box 14 on the T5008 turbo screen mean? What is the 'code' they are looking for?

Box 14 on the T5008 is for Date of Disposition. The required date format is MMDD 

"Type code of securities" is Box 15 on the T5008 slip. Here is CRA's list of codes: 

BON – Bonds
BO1 – A bulk transaction in bonds for which the quantity cannot be determined
DOB – Debt obligations in bearer form
DO1 – A bulk transaction in debt obligations in bearer form for which the quantity cannot be determined
ELN – Equity linked notes
FUT  
Futures
MET  
Precious metals
MFT  
Units in a mutual fund trust or investment fund trust
MSC 
 Miscellaneous
OPC  
Option contracts
PTI 
 Publicly traded interest in a trust or partnership
RTS  
Rights
SHS  
Shares
UNT  
Units (for example, a unit consisting of a bond and a warrant)
WTS  
Warrants

What does "type code of securities' mean at Box 14 on the T5008 turbo screen mean? What is the 'code' they are looking for?

I am entering SHS and or PTI and am getting a message to correct on review.

 

Different subject - suggest dropdowns be available for things like this to avoid errors and help users (i.e. coutry codes on T1132)