 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.4 Z4 H! }- {7 X, e8 ?8 z
( q4 [" j' F5 H2 g5 ^( u, l$ f 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.% ^$ n3 s- e! o. a
If the slip was for shares, mutual fund units, or something similar, report the gain or loss in the Capital Gains section.
! F! {* a! Y. \ Select "Publicly traded shares, mutual fund units, deferral of eligible small business corporations shares, and other shares" from the drop-down menu.
$ F& e! z. X0 s, Z' T. O1 J Use the information from the slip to complete the description field.8 T: ^% a& m# q( s4 [/ E# Z
Enter the amount in Box 21 as your proceeds of disposition.
1 o$ |* R, b3 K$ e 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.
3 P" g7 \* i. W 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.
1 z- T. U# Y. F5 Q( J 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.
( Q. {$ M; H0 |1 B- A |
|