Instead of entering all 60 entries again in spousal T-5008 form can I copy this form entries in turbo tax
There is no need for you to enter these T5008 transactions again on your spouse's tax return. To do so would be "double reporting" them.
Enter them on one spouse's return and specify the 50% in the box provided.
Tip: If you have more T5008 slips than you are able to enter in TurboTax, you can add up all your T5008 slips and enter as one entry on the T5008 slip page. Double-check to make sure that the totals are accurate. Basically, add the amounts from box 20 on all of your T5008 and enter it in one T5008 slip in TurboTax. Do the same for box 21 and so on.
CRA is fine with it being filed this way, keep your documents available if they request to see them.
There is no need for you to enter these T5008 transactions again on your spouse's tax return. To do so would be "double reporting" them.
Enter them on one spouse's return and specify the 50% in the box provided.
Tip: If you have more T5008 slips than you are able to enter in TurboTax, you can add up all your T5008 slips and enter as one entry on the T5008 slip page. Double-check to make sure that the totals are accurate. Basically, add the amounts from box 20 on all of your T5008 and enter it in one T5008 slip in TurboTax. Do the same for box 21 and so on.
CRA is fine with it being filed this way, keep your documents available if they request to see them.
ryee
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