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Troubleshooting
Hello @xpandora @farr38 @cyan,
This validation is triggered when the requested non-capital loss claim surpasses your 2024 income. Please be aware that the deductible amount is restricted to the lesser of the available non-capital losses and your 2024 income.
To rectify this, access the "Losses" topic within the "Deductions" section of your 2024 tax return, select "Non-Capital Loss Carry Forward," and revise the claimed amount to align with, but not exceed, the income amount displayed on the step Non-Capital Losses Being Claimed as illustrated in the image below.
Hope this helps with the correction. Let us know if you have more questions.
‎April 29, 2025
5:31 PM