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T3
310 Losses carried forward

Print this pageForward this document  2004 unused non-capital losses and ABIL

Program(s) affected: T3 Document created: 07 04, 2007
Tax year(s): 2007 Document last modified:
Version(s): 10.30 Problem status: Pending

Why is DT Max not carrying forward to 2007 my trust's unused non-capital loss and ABIL from 2004?

This situation occurs when it comes to carrying forward to 2007 unused non-capital loss or ABIL from year 2004 (before 23/03/04 and after 22/03/04).

As a workaround:

  1. Access the 2007 tax year and go into your client's file;
  2. Then enter under the Loss-CF keyword group information with respect to your unused non-capital loss and/or ABIL from year 2004;
  3. In order to find out what amount(s) should be entered in 2007, print out the DT Max "2006 NON-CAPITAL LOSS CARRYFORWARD SCHEDULE". A version of this form is also available for Quebec.