Question

In TurboTax Canada, online Premier version, it does not show me a button to import capital gains transactions. Is this something that is allowed on the desktop version?

Forum|Forum|3 years ago
January 13, 2023
1 reply
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So either I need to fill out 1000+ of T5008 manually or enter that many Capital Gains transactions manually. Any suggestions on how to simplify this upload? Thanks.

B

BrendaW-US

First you can't use Auto-Fill as they won't all go through. If you have more T5008 slips than you are able to enter in TurboTax, you can add up all your T5008 slips and enter as one entry on the T5008 slip page. Double-check to make sure that the totals are accurate. Basically, add the amounts from box 20 on all of your T5008 and enter it in one T5008 slip in TurboTax. Do the same for box 21 and so on.

CRA is fine with it being filed this way, keep your documents available if they request to see them.

Thank you for choosing TurboTax.