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In my 2018 return I have selected unused capital loss to be used for the year 2016. Will the 2016 return automatically updated and I get refund? OR I have file amendment?
October 31, 2019
4:05 AM
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After you file
You will have to adjust your 2016 return. You can make the adjustments through the CRA's My Account service. https://www.canada.ca/en/revenue-agency/services/e-services/e-services-individuals/account-individua...
October 31, 2019
4:05 AM
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After you file
As it was indicated in 2018 return to use the unused capital loss in the 2016 return, CRA reassessed 2016 return without any further action from the tax payer
October 31, 2019
4:05 AM