T657(Chart 1&2) - fill out and auto calculate/complete form online

Protected B when completed

Chart 1 – Calculating line 26 (net capital losses of other years)

Column A:

Enter the total amount of net capital losses from other years claimed for each year indicated amount from line 253 of each
return.

Column B:

For 1985, 1986, and 1987, enter 1/2 of the total reserves included in capital gains for capital property disposed of before 1985
(1/2 of those reserves reported on your Schedule 3 for 1985, 1986, and 1987).
For 1988 and 1989, enter 2/3 of the total reserves included in capital gains for capital property disposed of before 1985
(2/3 of the amounts entered on line 395 of Form T2017 for 1988 and 1989).
For 1990 and 1991, enter 3/4 of the total reserves included in capital gains for capital property disposed of before 1985
(3/4 of the amounts entered on line 395 of Form T2017 for 1990 and 1991).

Column C:

For 1992, enter the amount from line 127 of your 1992 return or the amount from line (f) in Part A of Form T936 for 1992,
whichever is less.

For 1993, enter the amount from line 127 of your 1993 return or the amount from line (d) in Chart A of Form T936 for 1993,
whichever is less.

For 1994, enter the amount from line (p) in Chart B of Form T936 for 1994.

For 1995, enter the amount from line (m) in Chart B of Form T936 for 1995.

For 1996 to 1999, enter the total amount from line 17 in Chart A of Form T936 for 1996 to 1999.

For 2000, enter the amount from line 24 in Chart A of Form T936 for 2000.

For 2001, enter the total amount from line 17 in Chart A of Form T936 for 2001.

For 2002 to 2017, enter the amount from line 10 in Chart A of Form T936 for 2002 to 2017.

For 2018 to 2022, enter the amount from line 9 in Chart A of Form T936 for 2018 to 2022.

Column D:

For 1992, enter the amount from line (k) in Part B of Form T936 for 1992.

For 1993, enter the amount from line (k) in Chart B of Form T936 for 1993.

Year(s)

(C – D)

(B + E)

(A – F)

If negative, enter "0"

1985
to
1987

N/A

1988
and
1989

N/A

1990
and
1991

N/A

1992

N/A

1993

N/A

1994

N/A

1995

N/A

1996
to
1999

N/A

2000

N/A

2001
to
2022

N/A

Add the amounts in column G and enter the result on line 26 in Part 2 of this form. Due to space restrictions, some years have
been combined on a single row on this chart. However, to ensure a correct result, complete the calculations separately for
each year that applies to you.

T657 E (23)

Protected B when completed

Chart 2 – Calculating lines 33, 40, 49, 57, 66, 74, 83, 91, 100, 108, 119, 129, 138,

148, 157, 167, 176, 186 and 193 (capital gains deductions from
previous years)

Total capital gains deductions claimed after 1984 and before 1988

(line 254 of your 1985 to 1987 returns)

Capital gains deductions claimed in 1988 and 1989, excluding eligible capital property
(line 254 of your 1988 and 1989 returns, minus any amounts reported on lines 543 and 544 on

Schedule 3 for 1988 and 1989. If negative, enter "0")

Adjustment of 1988 and 1989 capital gains deductions excluding eligible capital property

(enter 1/4 of amount on line b)

–

Capital gains deductions claimed in 1988 and 1989 for eligible capital property
(total of lines 254 of your 1988 and 1989 returns, minus the amount on line b above, not to exceed

the total of lines 543 and 544 on Schedule 3 for 1988 and 1989)

Adjustment of 1988 and 1989 capital gains deductions for eligible capital property

(enter 1/3 of amount on line d)

–

Total capital gains deductions claimed in 1990 to 1999 (line 254 of your returns for these years)

Adjustment of 1990 to 1999 capital gains deductions (enter 1/3 of amount on line f)

–

Total capital gains deduction claimed in 2000 (line 254 of your 2000 return)

Adjustment of 2000 capital gains deduction. Amount from line h x [1 – (1 ÷ (2 x IR))] (see note)

–

Total capital gains deduction claimed in 2001 to 2022 (line 254 of your 2001 to 2018 tax returns

and line 25400 of your 2019 and later tax returns)

Total of lines a to j

Note

IR represents your inclusion rate for 2000. This rate is on line 16 in Part 4 of Schedule 3 for 2000, or from your notice of
assessment or latest notice of reassessment for 2000.

See the privacy notice on your return.

T657 E (23)