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Level 3
posted Feb 27, 2025 9:34:04 AM

Form T1212 distinguishing between pre- and post June 24, 2024 dispositions

When completing T1212, do I still have to separate dispositions before June 24, 2024 from those sold after June 24, 2024 as the capital gains inclusion rate change did not take effect?  If I enter the amounts on line 65210 (vs. 65200), the taxable amounts included on line 24900 are included in income at the higher capital gain inclusion rate which has yet to be approved.  Please advise.

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1 Best answer
Moderator
Feb 28, 2025 1:42:58 PM

The development team are aware of this issue and are working to fix the T1212 ASAP.  

 

Thank you for your patience.

 

3 Replies
Moderator
Feb 27, 2025 5:00:03 PM

Are you using TurboTax Desktop or TurboTax Online? 

 

 

 

Level 3
Feb 27, 2025 5:11:35 PM

Desktop

Moderator
Feb 28, 2025 1:42:58 PM

The development team are aware of this issue and are working to fix the T1212 ASAP.  

 

Thank you for your patience.