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Capital Gains from Mutual Funds

T5 T3 Capital Gains investment income

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#1 ISimpot

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Posted 20 March 2017 - 10:12 AM

If I enter all in formation from T5 and T3 for mutual funds under " Interest, investments, income and..." Will the capital gains indicated on the T5 and T3 mutual funds will Ufile automatically calculate any possible deductions or exemptions or do I have to deal with "Capital Gains (or losses) & ABIL"?



#2 clw

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Posted 13 April 2017 - 10:06 AM

Since mutual funds are aggregated investments comprised of many stocks and bonds, the information slips normally provide all the information needed. With 'naked stocks', from specific companies, you have to populate Schedule 3 yourself with shares sold, proceeds of disposition, cost base etc.





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