Step D3: Apply any capital losses transferred in

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Only follow this step if your entity is a company with capital losses transferred in.

The capital losses transferred in to your entity need to be applied in the order they were received. Your entity must have enough capital gains to absorb the capital losses transferred in.

When you have completed step D3, transfer the amount of CYCG remaining after applying CYCL, PYNCL (4J to 4O in step D2) and capital losses transferred in to A to F in part E.