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Canada Revenue Agency |
Agence du revenu du Canada |
Protected B when completed | ||||||||||||
| Summary of Reserves on Dispositions of Capital Property | |||||||||||||||
| Complete this form if you are an individual (other than a trust) who is reporting a reserve claimed on your 2022 income tax and benefit return or claiming a reserve on dispositions of capital property (including gifts of certain securities) in 2023. To determine if you are eligible to claim a reserve in 2023, see "Claiming a reserve" in Guide T4037, Capital Gains. The information on page 3 of this form explains how to calculate a capital gains reserve. |
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| Attach a completed copy of this form to your 2023 income tax and benefit return. | |||||||||||||||
| Part 1 – Dispositions of capital property after November 12, 1981 | |||||||||||||||
| A. Dispositions of qualified farm or fishing property (QFFP) | |||||||||||||||
| Amount of 2022 reserve for dispositions of QFFP to your child after 2013 | |||||||||||||||
| and before April 21, 2015 (line 66840 of Form T2017 for 2022) | 66815 | 1 | |||||||||||||
| Amount of 2023 reserve for dispositions of QFFP to your child after 2014 | |||||||||||||||
| and before April 21, 2015 | 66840 | – | 2 | ||||||||||||
| Line 1 minus line 2 (if negative, show the amount in brackets) | = | ► | 3 | ||||||||||||
| Amount of 2022 reserve for dispositions of QFFP to your child after April 20, 2015, and all other dispositions of QFFP after 2018 |
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| (line 66844 of Form T2017 for 2022) | 66843 | 4 | |||||||||||||
| Amount of 2023 reserve for dispositions of QFFP to your child | |||||||||||||||
| after April 20, 2015, and all other dispositions of QFFP after 2019 | 66844 | – | 5 | ||||||||||||
| Line 4 minus line 5 (if negative, show the amount in brackets) | = | ► | + | 6 | |||||||||||
| Line 3 plus line 6 (if negative, show the amount in brackets) | = | 7 | |||||||||||||
| Complete line 66848 only if you are reporting or claiming reserves at line 66815, line 66840, or both for at least two dispositions of QFFP which originated in both 2014 and 2015. |
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| Enter the amount of the most recent reserves claimed on line 66840. (If you are reporting or claiming reserves for more than two dispositions at lines 66815, 66840, or both, provide a breakdown of the amounts of each |
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| reserve on a separate sheet of paper and attach it to this form.) | 66848 | 8 | |||||||||||||
| B. Dispositions of qualified small business corporation shares (QSBCS) | |||||||||||||||
| Amount of 2022 reserve for dispositions of QSBCS to your child after 2013, and all other dispositions of QSBCS after 2018 |
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| (line 66850 of Form T2017 for 2022) | 66883 | 9 | |||||||||||||
| Amount of 2023 reserve for dispositions of QSBCS to your child | |||||||||||||||
| after 2014, and all other dispositions of QSBCS after 2019 | 66850 | – | 10 | ||||||||||||
| Line 9 minus line 10 (if negative, show the amount in brackets) | = | ► | + | 11 | |||||||||||
| Line 7 plus line 11 (if negative, show the amount in brackets) | = | 12 | |||||||||||||
| Complete line 66905 only if you are reporting or claiming reserves at line 66883, line 66850, or both for at least two dispositions of QSBCS that originated in more than one year after 2013. |
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| Enter the amount of the most recent reserves claimed on line 66850. (If you are reporting or claiming reserves from more than two dispositions at lines 66883, 66850, or both, provide a breakdown of the amounts of each |
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| reserve on a separate sheet of paper and attach it to this form.) | 66905 | 13 | |||||||||||||
| T2017 E (23) | (Ce formulaire est disponible en français.) | Page 1 of 3 | |||||||||||||
| Protected B when completed | |||||||||||||||
| C. Dispositions of property (other than QFFP and QSBCS) to your child | |||||||||||||||
| Amount from line 12 of the previous page | 14 | ||||||||||||||
| Amount of 2022 reserve for dispositions to your child after 2013, of family farm or fishing property other than QFFP and of shares of capital stock of a small business corporation other than QSBCS |
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| (line 66920 of Form T2017 for 2022) | 66910 | 15 | |||||||||||||
| Amount of 2023 reserve for dispositions to your child after 2014, of family farm or fishing property other than QFFP and of shares of capital stock of |
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| a small business corporation other than QSBCS | 66920 | – | 16 | ||||||||||||
| Line 15 minus line 16 (if negative, show the amount in brackets) | = | ► | + | 17 | |||||||||||
| D. Dispositions of property other than dispositions described in A, B, and C above | |||||||||||||||
| Amount of 2022 reserve for dispositions of property after 2018, other than dispositions listed on lines 66883, and 66910 (line 66990 of Form T2017 |
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| for 2022) | 66960 | 18 | |||||||||||||
| Amount of 2023 reserve for dispositions of property after 2019, other than | |||||||||||||||
| dispositions listed on lines 66844, 66850, and 66920 | 66990 | – | 19 | ||||||||||||
| Line 18 minus line 19 (if negative, show the amount in brackets) | = | ► | + | 20 | |||||||||||
| Add lines 14, 17 and 20 (if negative, show the amount in brackets). | = | 21 | |||||||||||||
| Part 2 – Dispositions of capital property before November 13, 1981 | |||||||||||||||
| Complete line 67030 only if you disposed of property before November 13, 1981, you have reported this reserve over the past 42 years, and you still have an amount to include in income. |
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| Enter the amount of 2022 reserve for dispositions before November 13, 1981 (as reported in 2022). | 67030 | + | 22 | ||||||||||||
| Line 21 plus line 22 Enter this amount on line 19200 of Schedule 3 |
Total reserve to be |
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| (if negative, show the amount in brackets). | included in income | 67060 | = | 23 | |||||||||||
| T2017 E (23) | Page 2 of 3 | ||||||||||||||