Line 12700 – Taxable capital gains

Topics

• What's new for capital gains
  What's new for capital gains for 2023
• Calculating and reporting your capital gains and losses
  How to calculate your capital gains and losses, and complete line 12700 and schedule 3 of your return.
• Capital losses, deductions, and reduction
  You may be able to reduce your taxable income by claiming capital losses, deferrals, reserves and the cumulative capital gains deduction.
• Shares, funds and other units
  Publicly-traded shares, bonds, mutual fund and trust units, stock options, flow-through entities, and identical properties.
• Capital Gains or Losses from Information Slips
  How to report your capital gains (or losses) from T3, T4PS, T5, T5008 and T5013 information slips.
• Principal residence and other real estate
  Designation, change of use and disposition of a principal residence, which can be a house, apartment, cottage, mobile home or houseboat.
• Transfers of capital property
  Transfers to a spouse or common-law partner, or to a trust, corporation or partnership.
• Capital gains and losses from a business or partnership
  Information for individuals whose capital gain or loss arises from a business or partnership.
• Gifts of shares, stock options, and other capital property
  Donations of Canadian cultural property, ecologically sensitive land, and other capital property such as bonds, shares or stock options.