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As this is my first year using this software, I am entering data manually. Where do i enter the capital gains deduction available? In other words, if no capital gains deduction has been used, I would enter 375,000.
I have bought and sold shares of the same company in 2012 and 2013. During 2012, I did three sets of bought/sold and netted in capital gain, and another transaction where I bought some, but sold it at a loss in 2013. As an example (for simplicity in the example, the fees are ignored): 1 May 2012 - bought 100 @ $10.00 1 Jun 2012 - sold 100 @ $12.00 --> capital gain of $200 (less fee) 15 Jun 2012 - bought 100 @ $11.00 30 Jul 2012 - sold 100 @ $14.00 --> capital gain of $300 (less fee) 20 Aug 2012 - bought 100 @ 15.00 10 Oct 2012 - sold 100 @ 16.50 --> capital gain of $150 (less fee) 30 Nov 2012 - bought 100 @ $16.00 12 Mar 2013 - sold 100 @ $13.00 --> capital loss of $300 (less fee) Is it possible to defer my 2012 capital gain, and claim that in 2013, therefore I can offset it with my 2013 loss (for a net capital gain of $350)? My 2nd question, I'd like to know if I should enter the capital gain as three separate forms in the interview section (as it happened in three separate occasions), or combine them into one? I don't think there is ACB for these. TIA wwib