 鲜花( 61)  鸡蛋( 0)
|
We don't have an input for a T5008 slip because this type of slip can represent several different things. Here are some guidelines for how most people should report these amounts.
?% O8 _/ t w- v, Q
, [- k- e+ p8 ^- D& N& j/ n! l) O For most SimpleTax users, a T5008 slip will represent "investment income" (e.g., a T-bill, mutual fund units, or shares). In some circumstances, a T5008 slip may represent business income. If you aren't sure, you should check with the CRA.; n* @. ~* v/ @" e3 W
If the slip was for shares, mutual fund units, or something similar, report the gain or loss in the Capital Gains section.
: z3 x/ L: J7 L7 g$ _/ K Select "Publicly traded shares, mutual fund units, deferral of eligible small business corporations shares, and other shares" from the drop-down menu.& ]* ]9 t* i8 x0 t1 R8 I% V
Use the information from the slip to complete the description field.
# Y( z, w+ _; ~" o Enter the amount in Box 21 as your proceeds of disposition.. L+ a5 e- P' b, N/ q1 k
Box 20 shows your adjusted cost base (ACB); however, there are several factors that impact your ACB, and frequently the issuer of the slip won't know your actual ACB and you may need to calculate it. Learn more.6 ~. o6 B# J2 s# j, m: N2 O
If you earned interest income on the security, (e.g., the slip is for a T-bill), and you had a gain on the disposition of the security (i.e., box 21 is higher than box 20), you should report the difference as bond interest on line 121 in the Investment Income & Expenses section.
8 I1 Z* j$ P4 t6 t If you earned interest income, but the disposition resulted in a loss, you should report it in the Capital Gains section using the instructions above.
4 ~4 t6 J" v4 V |
|