I need to issue a deemed disposition for my emigration filing (have already filled out T1243 and T1161) but want to include the losses here on TurboTax, is that possible?

[rocioffcd]

I moved tax residency in 2025, and simply want TurboTax to make the base tax filing documentation and for me to print and send directly to Ottawa. The only hang-up is including this deemed disposition in my turbo tax return

[TurboTaxAniqua]

Yes, it is possible to include these losses, but there is a specific workflow you'll need to follow because TurboTax does not have a dedicated entry screen for Form T1243.

Since TurboTax (both online and desktop) does not include Forms T1243 or T1161, you cannot "fill them out" inside the software. However, you need the results of those forms to show up on your actual tax return (the T1 and Schedule 3) so your tax liability or loss carry-forwards are calculated correctly.

Use the T1243 you've already filled out to determine your total capital gains and capital losses resulting from the deemed disposition.

In TurboTax, navigate to the Capital Gains and Losses section (Schedule 3). You will manually enter the assets listed on your T1243 here.

For the "Date of Disposition," use your date of departure.

For the "Proceeds," use the Fair Market Value (FMV) at the time of departure.

TurboTax will then calculate the losses and apply them against any gains or record them as net capital losses.

Ensure you have entered your Date of Entry/Exit in the "Setting Up" or "Personal Information" section. This tells the software to prepare an emigration return, which triggers the "Print and Mail" requirement.

Dispositions of property for emigrants of Canada

Hope this helps. For further clarification, you may contact CRA directly at 1-800-959-8281

Thank you for choosing TurboTax.