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Why didn't adding capital gains change the refund calculation?
I made a large RRSP contribution to offset capital gains from the sale of shares in a small business corporation. After entering all information except capital gains, TurboTax showed a large refund. When I added the capital gains, the refund amount didn't change. It seems like there is no additional tax being calculated on this capital gains income.
‎April 30, 2023
2:18 PM