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Can I Apply Investment (2023)T5008 losses backwards to offset my Rental Property Capital Gains from (2021)? Do I have to complete 2023 T1 before submitting T1a1

Investment Losses from Mutual Funds/ Stocks disposition
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Can I Apply Investment (2023)T5008 losses backwards to offset my Rental Property Capital Gains from (2021)? Do I have to complete 2023 T1 before submitting T1a1

Yes, you can carry back you capital losses up to 3 years. 

 

This FAQ tells you how to fill out the T1a form in TurboTax: https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/tax-return/carry-back-net-c...