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capital losses

  1. Declaring T5008 for two years at once

    Taxation
    Hi forum, I have the following T5008 forms: - For 2018, showing $1500 loss; - For 2019, sowing $1000 gain. I did not declare my T5008 last year, because it was showing a loss. My main question is, can I declare both T5008 now (for tax declaration of 2019) so that in total a loss of $500 is...
  2. Declare both capital gain and capital loss for same stock?

    Taxation
    Hi All, I sold some bank stocks back in October and realized some capital gains. I then repurchased the same stocks shortly afterwards (early November), but the prices have dropped since then. Is it possible to sell them at a loss now (late December) to reduce the capital gains realized earlier...
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