Claimed capital gains in 2013 and paid taxes. Have capital losses in 2015. Can I apply loss to 2013 and get taxes back? I thought Turbo Tax does it automatically?

[TurboTaxJeffrey · Accepted solution]

Yes you can apply capital losses back up to three years.  It is not automatic as you have to choose to do so.  If you do you won't see the difference on the 2015 return...essentially CRA will adjust the 2013 return and send you the resulting difference.  

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