Thank you.
The point is not what FP says, but what is real. The real is that on December 31, 2018 our account was down by $8,500 which is reflected in official account statement. So, how come that we owe $2,500 taxes while in reality we lost $8,500 by the end of 2018?
P.S. It's clearly stated in the statement - "negative" $8,500..... Which is LOSSES. Why T3 reflects only gains from buying and selling stocks/shares but doesn't mention any losses?
It looks to us that we'd have to manually enter our losses. CRA says that Capital losses have to be applied against Capital gains.
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...https://turbotax.intuit.ca/tips/claiming-a-net-capital-loss-6248
