Stock was bought in 2013 and sold for a loss in 2014. It appears that the software is taking the amount gained in 2014 as a gain and not a loss. How do I fix this?


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How do I declare my gains and losses?

Indicate the amount of gain or loss on your CRA Schedule 3 on: 

  • qualified small business corporation shares;
  • qualified farm property and qualified fishing property;
  • publicly traded shares, mutual fund units, deferral of eligible small business corporation shares, and other shares;
  • real estate, depreciable property, and other properties
  • bonds, debentures, promissory notes, and other similar properties; and
  • other mortgage foreclosures and conditional sales repossessions. 

Indicate the gain only on personal-use property and listed personal property (LPP). 

How is the amount I put into my return calculated?


If the total of your gains for the year is more than your losses (positive result on line 197), you will include the amount on line 199 on line 127 of your return. It represents 50% of the difference between gains and losses and will be added to your income. 


If the total of your losses for the year is more than your gains (negative result on line 197), do not include the amount on line 199 on line 127 of your return. The CRA will keep track of it and your net losses will appear on your Notice of Assessmentstatement.  

Please consult Guide T4037 for more detailed information. Click here for Schedule 3.

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