Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
tyrion
New Member

Can I carry back capital losses further than 3 years?

Hi, I just would like to know if I can carry back capital losses further than 3 years? TurboTax only allows up to 3 years.  Thanks

1 Best answer

Accepted Solutions

Can I carry back capital losses further than 3 years?

Capital losses may only be carried back up to three years.  This is a limit set by CRA.

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/lns101-170/127/lss-ddct/gnrl/...

View solution in original post

1 Reply

Can I carry back capital losses further than 3 years?

Capital losses may only be carried back up to three years.  This is a limit set by CRA.

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/rprtng-ncm/lns101-170/127/lss-ddct/gnrl/...