Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted May 16, 2025 10:49:58 PM

Can apply US Capital Loss against Canadian Capital gain, if I'm no longer a Canadian resident?

Hi, I'm no longer a canadian resident. I am planning to sell a canadian property and am wondering if I can apply a US capital loss against the canadian capital gains? Any help or guidance would be greatly appreciated!

0 1 3483
1 Replies
Moderator
May 20, 2025 10:48:08 AM

We would recommend talking to someone who is knowledgeable in cross border taxes to get advice on this matter. You can also take a look at the USA/Canada Tax Treaty