I have sold some shares and got a T5008 form but I could not find this form at udo taxes 2010. What should I do for my tax return?
For T5008, the form doesnot phycically exist in our program. However, the insturction of T5008 is below ======================================= If you are an individual having to file a T1 return, report transactions on account of capital on Schedule 3. You can report transactions on account of income as either business income (line 135 or your income tax return) or, for debt obligations in bearer form, as investment income (line 121 of your income tax return). You may have to pay taxes by instalments. For more information, go to www.cra.gc.ca/instalments or call us at 1-800-959-8281. Box 20 – The amount in box 20 may or may not reflect your adjusted cost base (ACB) for the purpose of determining the gain or loss from the disposition of the security. You are required to make the adjustments, as needed, to the amount indicated in box 20, at the time of determining and reporting your gain or loss from the disposition., ======================================= That means that you can claim
