• T2062A - Schedule 1

Use Form T2062A for proposed or completed dispositions of Canadian resource or timber resource property, Canadian real property (other than capital property), or depreciable taxable Canadian property. However, when disposing of depreciable taxable Canadian property, use form T2062 to report the gain on the disposition and Form T2062A to report the recapture of capital cost allowance or terminal loss. If both forms T2062 and T2062A are required for a disposition, the forms must be filed together.

If you have disposed of canadian ressource property, also complete form T2062A - Schedule 1.

Description of property

The description of property must include the well or mine location, the legal description and the street address.

Useful links:

Income tax interpretation bulletin Dispositions of Resource Properties