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New Member

My readjusted capital gain for 2013 was set at $862.00. Is there a place that I can or should record this on my 2014 return? GB

I made some errors on last year's turbo tax return, and am unsure if or how to correct last year's capital gain sum of $862.00

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Highlighted
New Member

My readjusted capital gain for 2013 was set at $862.00. Is there a place that I can or should record this on my 2014 return? GB

You probably don't have to make any adjustments on your 2014 tax return if your 2013 tax return was adjusted for your capital gains claimed. This likely only affects your CNIL (cumulative net investment loss) amount and the CRA keeps that information on file for you anyway, so not really needed for most people.

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Highlighted
New Member

My readjusted capital gain for 2013 was set at $862.00. Is there a place that I can or should record this on my 2014 return? GB

You probably don't have to make any adjustments on your 2014 tax return if your 2013 tax return was adjusted for your capital gains claimed. This likely only affects your CNIL (cumulative net investment loss) amount and the CRA keeps that information on file for you anyway, so not really needed for most people.

View solution in original post