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

Protected B when completed

Chart 1 – Calculate your net capital losses of other years (line 12 of Step 2)

Use the instructions for each column to complete the table below.

Column A:

Enter the total amount of net capital losses of other years claimed for each year indicated from line 253 or 25300 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 thetotalreserves 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 thetotalreserves 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 whichever amount is less: line 127 of your 1992 return or line (f) in Part A of Form T936 for 1992.

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

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 thetotalamount 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 2023, enter the amount from line 9 in Chart A of Form T936 for 2018 to 2023.

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.

Net capital losses of other years

Year

Column A

Column B

Column C

Column D

Column E
(C – D)
(If negative,
enter "0")

Column F
(B + E)

Column G
(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
2023

N/A

Add the amounts in column G and enter the result on line 12 of Step 2.

Total

Note:

Due to limited space, some years have been combined on a single row. However, you should complete a separate
calculation for each year that applies to you to ensure a correct result.

T657 E (24)

Protected B when completed

Chart 2 – Calculate your capital gains deductions from previous years (2015 to 2023)

Total capital gains deductions claimed after 1984 and before 1988:

Amount from line 254 of your 1985 to 1987 returns

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

and 544 of Schedule 3 for 1988 and 1989 (if negative, enter "0")

Line 1 plus line 2

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

Amount from line 2

x 1/4 =

–

Line 3 minus line 4 (if negative, enter "0")

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 from line 2 above

(the total cannot be more than the total of lines 543 and 544 of Schedule 3 for 1988 and 1989)

Line 5 plus line 6

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

Amount from line 6

x 1/3 =

–

Line 7 minus line 8 (if negative, enter "0")

Total capital gains deductions claimed in 1990 to 1999:

Amount from line 254 of your returns for 1990 to 1999

Line 9 plus line 10

Adjustment of 1990 to 1999 capital gains deductions:

Amount from line 10

x 1/3 =

–

Line 11 minus line 12 (if negative, enter "0")

Total capital gains deduction claimed in 2000:

Amount from line 254 of your 2000 return

Line 13 plus line 14

Adjustment of 2000 capital gains deduction:

Amount from line 14

x [1 – 1/(2 x IR)] =

(1)

–

Line 15 minus line 16 (if negative, enter "0")

Total capital gains deduction claimed in 2001 to 2023:

Amount from line 254 of your 2001 to 2018 returns and line 25400 of your 2019 and later returns

Capital gains deductions from previous years:

Line 17 plus line 18 (if negative, enter 0)

(1)

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

See the privacy notice on your return.

T657 E (24)