Report Deciding on T5008 or Schedule 3 ? in Reporting income Posted April 12, 2021 I used the Auto-fill to download my information slips from the CRA. This works fine. But it downloaded several T5008 's as well. With just the 'PROCEEDS' amount filled in. I normally enter my stock 'SELLS' information in Schedule 3. This seemed to double everything up. Can I just delete all the T5008 slips in Ufile (as CRA already have them) and just use Schedule 3 information? ( I read that if you are submitting your tax file on paper, you don't need to include any T5008 forms) Basically, my question is 'am I right in thinking that you should fill in one or the other not both?'
Deciding on T5008 or Schedule 3 ?
in Reporting income
Posted
I used the Auto-fill to download my information slips from the CRA. This works fine.
But it downloaded several T5008 's as well. With just the 'PROCEEDS' amount filled in.
I normally enter my stock 'SELLS' information in Schedule 3.
This seemed to double everything up.
Can I just delete all the T5008 slips in Ufile (as CRA already have them) and just use Schedule 3 information?
( I read that if you are submitting your tax file on paper, you don't need to include any T5008 forms)
Basically, my question is 'am I right in thinking that you should fill in one or the other not both?'