Capital gains on gifts of certain capital property

Program(s) affected: T1 Document created: 04 04, 2014 Tax year(s): 2013 Document last modified: Version(s): All Problem status: N/A

How do I enter the gifts of depreciable property or capital property into DT Max?

As of tax year 2013, you only have to enter information pertaining to the gift under the Gift.cg keyword sub-group within the CAPITAL-GAIN keyword group. DT Max will then automatically carry the applicable amount(s) to Schedule 9 (line 337 or line 339), and, if required, to Form T1170.

For Quebec residents, DT Max will report on line 17 the eligible amount based on the calculation of the work chart for line 395.