how to file selling of a piece of wood land

[kvwcs]

sold a piece of land was just a wood lot no house on it how do i file it on my income tax

[TurboTaxAniqua]

The sale of the woodlot can be reported as a capital gain on your Canadian tax return, which is calculated by subtracting the sale price from the adjusted cost base and selling expenses. We recommend that you contact CRA directly at 1-800-959-8281 for further clarification. 

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