Line 25300 – Net capital losses of other years

If you have unused net capital losses from previous years and you have capital gains in the current year, you may be able to apply those losses to reduce your taxable capital gains.

How to Enter the Amount

1. Go to the T1 General and locate line 25300.
2. Double-click on line 25300 to open the capital losses worksheet window.
3. Fill in the required fields in the window.
4. On the last line of that window, enter the amount you want to claim for the current year.

CRA Reference

Line 25300 – Net capital losses of other years