LOSS WORKSHEET
LOSS
Limited Partnership Losses
Balance beginning of the year
Amount claimed in 2023 (to line 25100 of your return)
Current year loss available for carryforward (box 31 of T5013)
Balance end of the year
Non-capital Losses
Year
Opening Balance
Claimed in 2023
Expired
Current year T1A
Closing Balance
2016
N/A
N/A
2017
N/A
N/A
2018
N/A
N/A
2019
N/A
N/A
2020
N/A
N/A
2021
N/A
N/A
2022
N/A
N/A
2023
N/A
N/A
N/A
Total
Restricted Farming Losses
Year
Opening Balance
Claimed in 2023
Expired
Current year T1A
Closing Balance
2013
N/A
N/A
2014
N/A
N/A
2015
N/A
N/A
2016
N/A
N/A
2017
N/A
N/A
2018
N/A
N/A
2019
N/A
N/A
2020
N/A
N/A
2021
N/A
N/A
2022
N/A
N/A
2023
N/A
N/A
N/A
Total
Farm or Fishing Losses
Year
Opening Balance
Claimed in 2023
Expired
Current year T1A
Closing Balance
2013
N/A
N/A
2014
N/A
N/A
2015
N/A
N/A
2016
N/A
N/A
2017
N/A
N/A
2018
N/A
N/A
2019
N/A
N/A
2020
N/A
N/A
2021
N/A
N/A
2022
N/A
N/A
2023
N/A
N/A
N/A
Total
2
Listed Personal Property
Year
Opening Balance
Claimed in 2023
Expired
Current year T1A
Closing Balance
2016
N/A
N/A
2017
N/A
N/A
2018
N/A
N/A
2019
N/A
N/A
2020
N/A
N/A
2021
N/A
N/A
2022
N/A
N/A
2023
N/A
N/A
N/A
Total
Net Capital Losses (Line 25300 on T1)
Please fill in both column
Net Capital Losses
and column
Claimed in 2023
as applicable.
Enter the
subtoal
in column
Claimed in 2023
on
line 25300
of T1.
Net Capital Losses
Adjusted Net Capital Losses
Claimed in 2023
Applied against other income
Closing Balance
Before May 23, 1985
1
1
After May 22, 1985, and before 1988
1
1
N/A
1988 - 1989
3/4
4/3
N/A
1990 - 1999
2/3
3/2
N/A
2000
*
*
N/A
2001 - 2022
1
1
N/A
Subtotal
* Net Capital Losses are converted from the prior-year inclusion rate to your 2023 inclusion rate (50%) before they can be applied against current year capital gains. The Closing Balance is the remaining amount converted back to the prior-year inclusion rate.
Inclusion rates for:
Before 1988
50.0000
%
1988 to 1989
66.6666
%
1990 to 1999
75.0000
%
2000*
%
2001 to 2022
50.0000
%
2023 loss for carry forward (T1A)
Balance end of year
Additional pre-1986 capital loss balance available for 2023
Balance of unapplied net capital losses you had before May 23, 1985
(1)
Capital gains deductions you claimed
Before 1988
(2)
In 1988 and 1989
x 3/4 =
(3)
In 1990 through 1999
x 2/3 =
(4)
In 2000
x
=
(5)
In 2001 to 2022
(6)
Total capital gains deductions after adjustment
(7)
Line (1)
minus
line (7)
Pre-1986 capital loss balance available for 2023
(8)
Balance of unapplied adjusted net capital losses of other years not used to reduce taxable capital gains
(9)
Pre-1986 deduction amount
(10)
Line (8), (9), or(10), whichever is
less
(11)
2023 capital gains not reduced by prior-year losses
-
(12)
Available pre-1986 net capital loss that can be applied against other income in 2023
(13)
*Note: This inclusion rate(IR) was determined on line 16 in Part 4 or Schedule 3 for 2000.