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Which T-slips report capital gains and losses?

by TurboTax Updated 1 week ago

Here are some of the T-slips you can receive for capital gain and loss purposes.

A T3 Slip can include:

  • A capital gain from within a mutual fund trust (MFT) or an exchange traded fund (ETF)
  • A capital gain from an insurance segregated fund (ISF), whether it's realized within the fund, or from units you disposed of
  • A capital loss from within an ISF 
  • A return of capital from a MFT or ETF

A T5 Slip can include:

  • A capital gains dividend, which you report as a capital gain
  • A return of capital, shown in a footnote on the slip

A T5008 slip can include:

  • The number of units sold 
  • The purchase cost
  • The sale proceeds 
  • Not the gain or loss 
  • You’ll have to calculate the capital gain or loss, including changes (if any) to your adjusted cost base.

A T4PS Slip indicates your employer has a trust for an employee profit-sharing plan. You pay tax on amounts of the trust’s capital gains that are allocated to you.

A T5013 Slip shows the allocation of the partnership’s capital gains to you.

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