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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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