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Returning Member
posted Jan 15, 2025 8:32:32 AM

Capital Gains not calculating

I've inputted my capital gains proceeds of disposition and ACB in Schedule 3 and I have a gain of about 8K.  When I go through the T1 General, there is nowhere where it indicates that I have any Capital gains including in my Taxable income.  Is this a bug, is this expected at this time because of the uncertainty of the capital gains rules due to our current government situation?  Wil there be software updates to resolve this issue?

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Moderator
Jan 15, 2025 9:36:51 AM

We hope to get the issues with Schedule 3 resolved as soon as possible, but we don't have an ETA at the moment.  

  

Please note that the Canada Revenue Agency (CRA) hasn't updated Schedule 3 on their website yet - they still showing the 2023 form as the latest.