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Troubleshooting
Originally, the CRA was planning on following the Capital Gains rate changes as outlined in the government's latest budget proposal. Then only a few days ago they announced that they weren't going to make the changes for the 2024 tax year. As such, we now have to undo the changes that we had already incorporated into the software. We are hoping to have everything corrected ASAP.
In the meantime, if you are trying to estimate your taxes payable, use the old 50% capital gains rate.
We thank you for your patience.
ā€ˇFebruary 4, 2025
4:27 PM