Close

Our Privacy Statement & Cookie Policy

All Thomson Reuters websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

Line 13 - Capital losses from a reduction in business investment loss

Federal Line 13 - Capital losses from a reduction in business investment loss

A trust may incur a capital loss, which may also qualify as a business investment loss (BIL). A BIL may be reduced if the trust has designated taxable capital gains under subsection 104(21.2) in prior years. For more information, read the section Reduction in business investment loss.