a***@gmail.com
2015-04-12 20:28:33 UTC
For it's Personal Portfolio Services (let's leave the cost/benefit of this for another conversation!!), CIBC Wealth Management provides an annual "Client Tax Satement - Gains (Losses) from Sale of Securities". There is a long list of transactions and related particulars, but there is also a overall Gain(Loss).
In previous years, I was able to enter this the overall Gain into Schedule 3 as the subtotal "Gain (or loss)" for Section/Paragraph#3 ("Publicly traded shares, mutual funds, etc..."). I could do this because I was either completing the paper returns manually or using a spreadsheet-based return known as MyTax (MyTax lets me punch in the number).
I moved to StudioTax this year because MyTax 2014 is not available. In StudioTax's Schedule 3, the subtotal "Gain (or loss)" for Section/Paragraph#3 is a "computed field", and I cannot directly enter the overall Gain. Instead, the form requires all the particulars for each transaction, and the fields do not match those in the CIBC statement.
Is there a way to override the computed field so that I can directly enter the overall Gain from the CIBC statement? I do not consider it feasible for me to figure out what has to go into the form otherwise. In previous years, I've tried a number of times to delve into the technicalities of how to generate the required data from the CIBC data, and it is a neverending labyrinth. I suspect that forensic accountants might be able to figure it out with sumpreme effort, but that's hypothetical scenario is not helpful in this reality.
In previous years, I was able to enter this the overall Gain into Schedule 3 as the subtotal "Gain (or loss)" for Section/Paragraph#3 ("Publicly traded shares, mutual funds, etc..."). I could do this because I was either completing the paper returns manually or using a spreadsheet-based return known as MyTax (MyTax lets me punch in the number).
I moved to StudioTax this year because MyTax 2014 is not available. In StudioTax's Schedule 3, the subtotal "Gain (or loss)" for Section/Paragraph#3 is a "computed field", and I cannot directly enter the overall Gain. Instead, the form requires all the particulars for each transaction, and the fields do not match those in the CIBC statement.
Is there a way to override the computed field so that I can directly enter the overall Gain from the CIBC statement? I do not consider it feasible for me to figure out what has to go into the form otherwise. In previous years, I've tried a number of times to delve into the technicalities of how to generate the required data from the CIBC data, and it is a neverending labyrinth. I suspect that forensic accountants might be able to figure it out with sumpreme effort, but that's hypothetical scenario is not helpful in this reality.