Capital loss carryback

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overthehill
Posts: 15
Joined: Thu Feb 18, 2021 2:09 pm

Capital loss carryback

Post by overthehill »

Hello,

The CRA just reassessed my 2018 return (in 2022, long process). Now I have a capital loss in 2018 that I didn’t have before.

Can I request to carry this capital loss back to the previous three years (I.e. up to 215), even though it was a long time ago?
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overthehill
Posts: 15
Joined: Thu Feb 18, 2021 2:09 pm

Re: Capital loss carryback

Post by overthehill »

(i.e. up to 2015, excuse the typo)
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nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Capital loss carryback

Post by nelsona »

yes
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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