 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.
$ Y0 T3 A8 e% c: J# {) v [8 d+ S! S
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., G- A# Y" o/ ? m& a; k
If the slip was for shares, mutual fund units, or something similar, report the gain or loss in the Capital Gains section.
1 q+ i/ L- d4 i8 f a. m Select "Publicly traded shares, mutual fund units, deferral of eligible small business corporations shares, and other shares" from the drop-down menu." [1 B l* z8 H% f( _
Use the information from the slip to complete the description field.
0 d0 {; ]- a6 m& x+ e N Enter the amount in Box 21 as your proceeds of disposition.
7 j! S1 x+ u! }' N% p6 c; n+ G 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.
9 ~* @% ~5 v! b& Q0 u/ j5 X1 @ 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.
7 o E2 t3 i$ k2 `( f# E! c3 t& ~- g 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.
! V0 s) a, r( [" [6 R |
|