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T5008 the entire proceeds value is being counted as income

(This is for Canadian taxes). I inputted my T5008 slips that I received when I sold an investment. But TurboTax is putting the entire Proceeds/Settlement amount (Box 21) as income, when it should subtract the amount that I put into the investment (the cost in Box 20). So it is listing my income as much higher than expected. This income shows up as "Other Income" on the Income Summary page. 

 

I've read on the forum about similar problems in previous years but nothing quite like what I am experiencing. Thanks in advance!

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3 Replies

T5008 the entire proceeds value is being counted as income

You are posting on the USA forum. For Canada, go here:

TurboTax Support CA (intuit.ca)

T5008 the entire proceeds value is being counted as income

The Canadian forum is broken. I've tried that link you shared but no matter what I click there it takes me back to the same page. It was doing this yesterday as well. I hoped that someone here would be able to help 

T5008 the entire proceeds value is being counted as income

It works fine when I try it from here in the USA.

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