Farm property

If you are a farmer and you sell land in 2022 used principally in a farming business that includes your principal residence, you can choose one of two methods to calculate your taxable capital gain. For more information on those methods, see the following guides:

• T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income
• RC4060, Farming Income and the AgriStability and AgriInvest Programs Guide
• RC4408, Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide