Question
The CRA shows "Carryforward Amounts" on my file, how do I input these amounts into TurboTax?
I found the following info on the TurboTax website but couldn't find the info,
"Carrying Losses Forward
Capital losses can be carried forward indefinitely and so are never lost.
To do this, enter the amount you are claiming as a deduction on line 25300 of your income tax return ( T1).
To claim the correct amount, you will need to be aware of the inclusion rate for the year of your loss".
"Carrying Losses Forward
Capital losses can be carried forward indefinitely and so are never lost.
To do this, enter the amount you are claiming as a deduction on line 25300 of your income tax return ( T1).
To claim the correct amount, you will need to be aware of the inclusion rate for the year of your loss".
