[How to create a Business Income T5008 slip]

Hi,

Thanks for your input but I'm still a bit confused.

I did enter the information from the T5008 slip in Ufile but I cannot find the T1 sheet you mentioned.

Also, from my observations, it seems that the security type field has an impact on how income will be treated.

However, I only see 4 options: blank, other, treasury bills, and stripped bonds. Since I did trade futures and options, only blank and other would apply, and using these, all the gains go under Taxable capital gains.

Thanks in advance

 

 

[How to create a Business Income T5008 slip]

Sorry for the confusion but I'm not looking to create tax slips. I already got 3 slips from Interactive Brokers for my personal trading and I would like the income on those slips to be considered as income instead of capital gains. Right now, everything goes to capital gains as default, and cannot find an option to switch it.

 

[How to create a Business Income T5008 slip]

Hi,

I'm trying to add 3 T5008 tax slips as business income but I don't see the option anywhere. I can only create one type of T5008 slip and all the amounts I enter on the form ends up in the capital gain section.

Any idea how to do it?

Thanks in advance