 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.
0 \$ p. z/ n7 F, W" h+ W( U% ^* T) P1 |2 x. X; `& \4 ]- M( Y% _
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.% x& n' n9 C6 ]' A6 Y
If the slip was for shares, mutual fund units, or something similar, report the gain or loss in the Capital Gains section.
# m* \7 s0 n! ]: O- ^ Select "Publicly traded shares, mutual fund units, deferral of eligible small business corporations shares, and other shares" from the drop-down menu.6 S8 e* F# ^# e% _! y0 R
Use the information from the slip to complete the description field.5 x4 q& u) H; a- z6 ]
Enter the amount in Box 21 as your proceeds of disposition.
' _4 y- c+ R0 y/ y- S 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.
5 v9 F% O/ ]1 [ 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.
4 q$ ~. n& i2 C B: c 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.
& M. s) j$ G$ b3 S$ ]9 M |
|