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Showing results for tags 'Capital Gain; Capital Loss'.



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  1. I need to enter capital gains and losses. I can see the Capital Gains and ABIL option....then I'd choose Stocks, mutal funds and other non depreciable property. Here is where I have questions. The required field is Total Proceeds from the Sale of the shares. The help file for this field says to " Enter the amount received in payment for a desposition (sale)...total units x price per unit. My question is where do I enter the book value? If the Total Proceeds were $5000 and the book value was $3000, then there would be a gain of $2000. If the Total Proceeds were $5000 and the book value was $7500, then there would be a loss of $2500. How are the Adjusted Cost base of the shares field or the Expenses incuuring in making the disposition feilds used? Thanks
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