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T3 - capital gains and Insurance segregated fund capital loss

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Hi everyone,

I received my T3 slip (Trust Income), and on that slip there are two blocks I need to input on Ufile

- Block 21 - Capital Gains or Loss

- Block 37 - Insurance segregated fund capital loss

I input the amounts on Ufile, however it does not seem to have any impact at all on the amount of income tax return. 

I am wondering if I did something wrong or perhaps the T3 has no impact at all on tax return?

Any help is appreciated

Thank you

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Hello bensy2016,

This is the beneficiary's designated portion of allowable capital losses from insurance segregated fund trusts. Enter the amount recorded in box 37 of the T3 slip. UFile will report this as a capital loss on line 17600 of schedule 3 of the federal return.

Please verify Schedule 3 -Capital Gains (or Losses) Capital Gains

>>Capital gains (or losses) from T3 information slips [17600]

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