Canadian Money Forum banner
1 - 1 of 1 Posts

·
Registered
Joined
·
225 Posts
Maybe I am not understanding your first post but capital losses can only be used to offset capital gains. Capital losses cannot be used to offset any other income.

If you have capital losses in 2008 you can carry them back to 2005 and get back some of the taxes you paid on those 2005 gains.
 
1 - 1 of 1 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top