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Incomplete T5008


#1

A client received a T5008 on which only the amount of the proceeds are included. On a separate document from the issuer of the T5008, the quantity, price and cost (ACB) is included for the securities included in the T5008.

Can one enter the quantities and cost on the T5008 form in Taxcycle? If not, what is the proper way of reporting full transaction details for the securities included on the T5008?

Thanks fo your r help.


#2

Just enter the ACB where indicated on the form in Taxcycle and sign off the variance if it pops up between what you have and AFR amount