Section 2 – Calculation of Capital gain Information needed to calculate the capital gain Number of tax years for which the property is designated as a principal residence (from line 3 of page 2)4 Number of tax years ending after theacquisition datein which the deceased person owned the ...
For the purpose of the calculation below, you are not considered to have disposed of and immediately reacquired theproperty as a result of the capital gains election. Number of tax years ending after the acquisition date and before 1995 for which the property is designatedas a principal ...
Capital gains conversion rate (from the calculation on page 5)x3B Multiplyline 3A by line 3B=4 Capital gains of gifts of publicly listed securities (from fields 1512, 1522, 1542, and 1552 of T3SCH1A)5 Applicable ratex30%6 Multiply line 5 by line 6.=►+7 ...
Deemed allowable capital losses (line 11 of this form)–22 Adjusted taxable capital gains (line 21minusline 22; if negative, enter "0")55530=23 Enter this amount on line 1 of the T3 return. Calculation for election on Form T2223, Election, Under Subsection ...
non-resident throughout the year of acquisition of the property, you are not eligible to use the "plus 1" in this calculation. Part 3 If you completed Part 2, enterwhichever amount is less: line 53 above or line 24 of Part 1. Otherwise, enter the amount from line 24.Total capital g...
You donot need to report any gain amount on Schedule 3 for this property. If you ticked either box 2 or 3 at line 17900 of Schedule 3, you must also complete "Section 2 – Calculation of capital gain."This section starts on the next page and should be completed according to what is...
notneed to report any gain amount on Schedule 3 for this property. If you ticked either box 2 or 3 at line 17900 of Schedule 3, you must also complete "Section 2 – Calculation of capital gain." This section starts on the next page and should be completed according to what is applicab...
notneed to report any gain amount on Schedule 3 for this property. If you ticked either box 2 or 3 at line 17900 of Schedule 3, you must also complete "Section 2 – Calculation of capital gain." This section starts on the next page and should be completed according to what is applicab...
If you ticked either box 2 or 3 at line 17900 of Schedule 3, you must also complete "Section 2 – Calculation of capital gain."This section starts on the next page and should be completed according to what is applicable to your situation. If you disposed of, or were considered to have...
throughout the year of acquisition of the property, you are not eligible to use the "plus 1" in this calculation. T2091(IND)-WS E (24)Page 2 of 3 Protected Bwhen completed Part 2(continued) D. Net adjusted gain Adjusted pre-1982 gain, if any (line 36)51 ...