- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I would like to know how to get clarification on capital loss from previous years. How should I proceed? It was done by an accountant and I have no capital loss shown
Hello all,
I have a question about tax loss and CRA carryover amounts.
My accountant is not very responsive to my requests... I have compiled myself all of my tradings which amounts to the following:
2020:
realized loss: 261
realized gain: 120
2021:
realized loss: 3000$
realized gain: 11500$
On the CRA website, there are no carryover amounts displayed... Apart from investing, I am earning non-taxable income so it does not make sense for me to use the realized loss.
Can anyone shed light on this?
1) Is there a point where brokers merge everything because of the number of trades?
2) What do I need to do in order to be able to realize losses and carry them over future years
Many thanks
I have a question about tax loss and CRA carryover amounts.
My accountant is not very responsive to my requests... I have compiled myself all of my tradings which amounts to the following:
2020:
realized loss: 261
realized gain: 120
2021:
realized loss: 3000$
realized gain: 11500$
On the CRA website, there are no carryover amounts displayed... Apart from investing, I am earning non-taxable income so it does not make sense for me to use the realized loss.
Can anyone shed light on this?
1) Is there a point where brokers merge everything because of the number of trades?
2) What do I need to do in order to be able to realize losses and carry them over future years
Many thanks
March 22, 2023
9:20 PM