RE:refinancing restructuring loss questionThe losses for some on this are outright discusting and we can thank Thomvest for that.
If you had had capital gains this year the losses would offset I. Report your losses as they will be carried forward indefinitely and may be used in the future. You are also permitted to apply them to returns going three years back where a capital gain was reported, so to 2016 which I believe is line 66330. Anything beyond that will need to be requested on a T1A. Hope that helps.
Longies123 wrote: Hi To ALL
Just have question
For all the long investors who lost so much money from the restructing of PLI
Can that loss be tax deducted on their personal 2019 taxes ?
Thank you