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  • Step 5 Did you make a capital loss?



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

    End of attention

    If the capital proceeds are less than the reduced cost base, the difference is your capital loss.

    Example 5: Capital loss

    If Fred had sold his shares for $4,000 instead of $6,000, he would have a capital loss of $1,125 (that is, his reduced cost base of $5,125 less his capital proceeds of $4,000).

    End of example
    Last modified: 06 Oct 2009QC 27788