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Can we split T5008 gains unevenly (e.g. 20% and 80%)?

Our mutual funds that have been sold are joint.

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Can we split T5008 gains unevenly (e.g. 20% and 80%)?

Yes, you can, you apply the percentage of ownership for each partner.

This is used in calculating the net investment income or capital gain/loss. For capital types of income, this is transferred to Form S3 SUPP, Schedule 3 Supplemental Statement and Schedule 3, Capital Gains or Losses under Proceeds of Disposition.


From TurboTax FAQ on how to enter a T5008 - https://turbotax.community.intuit.ca/replies/2647749

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Can we split T5008 gains unevenly (e.g. 20% and 80%)?

Yes, you can, you apply the percentage of ownership for each partner.

This is used in calculating the net investment income or capital gain/loss. For capital types of income, this is transferred to Form S3 SUPP, Schedule 3 Supplemental Statement and Schedule 3, Capital Gains or Losses under Proceeds of Disposition.


From TurboTax FAQ on how to enter a T5008 - https://turbotax.community.intuit.ca/replies/2647749