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Mcpats
Level 2
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  • Your taxable capital gains is always 50% of the amount of Box 21 on your T3 so the amount i# correct.
    Mcpats
    Updated May 05, 2025
  • The amounts in Box 52 and 53 total Box 21 on the T3. 52 and 53 were actually for the new capital gains tax that is now defunct. Box 52 was the amount before the...
    Mcpats
    Updated May 05, 2025
  • You need to input the values in Box 52 and 53 into the second boxes 52 and 53 on the tax program - NOT the foreign income boxes. All the errors will disappear a...
    Mcpats
    3
    Updated May 05, 2025
  • Input the amounts in Box 52 and 53 in the second boxes 52 and 53 on the system - NOT the foreign income boxes. Your errors will disappear and you will be able t...
    Mcpats
    2
    Updated May 05, 2025
  • This is due to the change to capital gains tax that was to have come into effect this year but has since been rescinded. Box 52 and 53 total the amount in Box 2...
    Mcpats
    1
    Updated May 05, 2025
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