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by xxgrzesx
Wed Apr 11, 2012 10:09 pm
Forum: Canada / United States Tax & Accounting
Topic: How and where to enter T5008 securities transactions or Stoc
Replies: 0
Views: 2017

How and where to enter T5008 securities transactions or Stoc

I have received T5008 from TD waterhouse with list of stock sales

When I enter transactions with trubotax in the window for T5008 transactions they are placed on schedule 3, point 3 “Publicly traded shares...â€￾ on the line “From T5008 slipsâ€￾ Right above it there is a print “see schedule on next pageâ€￾, but there is nothing on the next page. The Schedule 3 – supplement Statement is blank.

There is a next section called capital gains. If I enter the same information there, than all the transactions are listed in the Schedule 3 – supplement Statement.

I cannot list them in both places, because than the transactions are doubled, so I have to put them only in one place.

Should I enter them in T5008 transactions and make a separate schedule with details of transactions and mail it with the return. I guess it would be impossible to netfile.

Should I leave T5008 blank and enter only in capital gains.

Or should I leave it the way it is, so just totals from T5008 of proceeds and cost basis, without any details of transactions.

Thanks in advance for responses.

When I used turbotax last year, it automatically listed all transactions.