A T5008 slip shows your investment transactions for the year. Here's what you need to know:
When to report your T5008:
- Report it if you sold investments in a regular (non-registered) account and made a profit or loss.
- Don't report it if the investments were in your RRSP, TFSA, or other registered accounts.
- You might not need to report it for things like high-interest savings accounts if you've already reported the interest on a T5 slip.
Remember:
- Keep your T5008 slip and any records of buying and selling investments.
- If you sold investments but didn't get a T5008, you still need to report it.
If you're not sure what to do, it's best to ask your financial advisor or the company you invest with.
For more help, check out the CRA's guide on T5008 slips.
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