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To: Robohogs who wrote (166706)4/3/2012 1:10:30 AM
From: Sultan  Respond to of 206177
 
Not that it makes a difference, in Canada you can apply current tax year capital losses to up to 3 prior years of reported capital gains..



To: Robohogs who wrote (166706)4/3/2012 11:38:35 AM
From: sm1th  Respond to of 206177
 
Not really - I paid huge taxes in 1999 and could not write the loss larger losses off in 2000/2001.

You can carry them forward indefinitely until you have used all of them


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