MISSED THE TAX DEADLINE? WE CAN STILL HELP!

CALL NOW (866) 290-2222

BOOK NOW
Red Carat
White Carat
Liberty Tax Logo
Close Icon

THIS SITE USES COOKIES FOR PERSONALIZATION AND TO PROVIDE THE OPTIMAL USER EXPERIENCE AND CONTENT. CLICK ACCEPT TO OPT INTO THIS ENHANCED EXPERIENCE.

couple meets with advisor

tax resources

CAPITAL GAINS TAX

You may experience a capital gain or loss when you dispose of certain property. This disposal may be through a sale or transfer. The type of property for the purpose of capital gain or losses can include, but is not limited to:

  • Real estate, including land
  • Stocks
  • Bonds
  • Ownership or shares of a privately held company
  • Certain trusts.

You will need to complete line 12700 and Schedule 3 of your income tax return.

Please refer to publication T4037 to determine if you have a reportable capital gain

Related links