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Level 1
March 1, 2026

BUG - no stock option deductible

  • March 1, 2026
  • 1 reply
  • 6 views

i was on the phone to support until they cut me off after an hour and didn't call back

 

I am using the version on my tablet, to file my Canadian taxes

 

I received stock options, not through payroll. Therefore it is not on my T4, box 38 etc.

 

I have exercised these options so I need to claim the income on them. This is easy as I can do this in the other income line (FMV when exercised less the grant price). 

 

However, the issue comes with the deductible. I qualify for the 50% stock option deductible. So I need to be able to input this so it flows to line 24,900. However there is no form or option to fill out this option.

 

So right now I have the income, say $1,000 , but I need to be able to put in the stock option deductible (50%, so $500), so that it flows to 24,900. This is not possible I don't think. Please help.

    1 reply

    DoninGA
    Level 15
    Level 15
    March 1, 2026

    This is the TurboTax US user community website.
    Go to this TurboTax Canada website for assistance with a Canadian tax return or the TurboTax Canada editions - https://turbotax.community.intuit.ca/turbotax-support/en-ca