T5008 slip explained

Step 01

What a T5008 is

CRA’s T5008 Statement of Securities Transactions is an information slip that reports amounts paid or credited to you for securities you disposed of or redeemed during the year. Traders or dealers (and other filers) prepare T5008 slips as part of a T5008 information return. For individuals, CRA publishes a slip guide with box-by-box notes. Transactions may be on account of **income** or **capital** — see CRA Interpretation Bulletin IT-479 for that distinction. Blank 2026 forms are on CRA’s T5008 form page (fillable and print PDFs). We deep-link CRA; we do not host PDFs.

Step 02

T5008 vs T5

A T5 generally reports investment income such as interest and dividends. A T5008 reports securities transactions (disposals/redemptions). You can receive both in the same year for different kinds of amounts. Since the 2021 taxation year, institutions can send Quebec residents a consolidated T5008/RL-18. CRA notes transactions to report may start on page 3 of that package — see also Revenu Québec’s RL-18 guidance.

Step 03

Box 20 and adjusted cost base

CRA warns that the amount in **box 20** may or may not reflect your adjusted cost base (ACB) for calculating a gain or loss. You must make any needed adjustments when you determine and report the gain or loss. Do not assume the slip’s cost figure is your final ACB without checking your records.

Counttaxes does not compute capital gains or ACB. Use CRA guidance and your broker statements.

Step 04

On your T1 return

If you file a T1, CRA says to report capital-account transactions on **Schedule 3**. Income-account transactions may be reported as business income (line **13500**) or, for debt obligations in bearer form, as investment income (line **12100**). Follow the current-year T1 guide for exact lines and worksheets. This page is a slip explainer only — not a capital-gains calculator.