Cashless exercise of stock options (T4 or T5008)?

[nilanjan-gx]

I went through a cashless exercise of employee stock options during the past year. The details were captured on my T4. However, the brokerage company sent me a T5008 form as well. Which one do I use to report the income? The T5008 form has no ACB information. Will I be reporting the same info twice if I use both forms?

[TurboTaxHarp · Accepted solution]

If the stock options are reported on your T4 and all necessary/important tax values are there, you dont need to report them on T5008.