Can I limit the amount of non capital losses carryforwards that I want to apply in the current year?Yes. You can limit the amount of non capital losses carried from previous years to be applied in the year by entering the proper amounts on line 252 of the federal income tax return and on line 289 of the Quebec income tax return, using the keyword Limit.ncc in the NonCapLossCF group. September 29, 1999 |