Spreadsheet to convert the CRA capital losses report
to 100%. Compare what CRA says on your Notice of
Assessment to your calculations year by year to your
tax return calculations.
CRA takes your numbers times the effective rate that
year to provide you with a number that is a mixed
bag. This spreadsheet will help you:
Convert CRA's figures to 100%
Confirm total losses on Notice of Assessment
agree to your calculation
How does this work?
Sign up for "My Account" on the CRA website home page
and access "My Account" to find the figures CRA
posts for your net capital loss carry forwards by
year
CRA provides the loss each year at the % used for
that year but doesn't show their
work. CRA calculates and provides the equivalent of
those losses at today's 50% rate on your Notice of
Assessment each year as one number. It's up to the
taxpayer to proof the numbers.
Use this spreadsheet at your own risk to create your
own spreadsheet to proof CRA's figures:
