Help T1 Adjustment, PLEASE
Hi,
I have NET CAPITAL LOSSES of $1,000 for 2007 and $9,000 for 2008 ...
So I'll file two T1 adjustment forms .... one for each respective year.
For 2007:
Line number from return or schedule:
199
Name of line from return or schedule:
Taxable capital gains (or net capital loss) in 2007
Previous amount:
0
+/-:
-
Amount of change
(1,000)
Revised amount
(1,000)
For 2008:
Line number from return or schedule:
199
Name of line from return or schedule:
Taxable capital gains (or net capital loss)in 2008
Previous amount:
0
+/-:
-
Amount of change
(9,000)
Revised amount
(9,000)
Does this look correct? I'm unsure about the +/- portion.
Also, do I need to provide supporting documentation for the revised amount?
Thank you so much for your time.
I have NET CAPITAL LOSSES of $1,000 for 2007 and $9,000 for 2008 ...
So I'll file two T1 adjustment forms .... one for each respective year.
For 2007:
Line number from return or schedule:
199
Name of line from return or schedule:
Taxable capital gains (or net capital loss) in 2007
Previous amount:
0
+/-:
-
Amount of change
(1,000)
Revised amount
(1,000)
For 2008:
Line number from return or schedule:
199
Name of line from return or schedule:
Taxable capital gains (or net capital loss)in 2008
Previous amount:
0
+/-:
-
Amount of change
(9,000)
Revised amount
(9,000)
Does this look correct? I'm unsure about the +/- portion.
Also, do I need to provide supporting documentation for the revised amount?
Thank you so much for your time.