Step 5 Did you make a capital loss?
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If the capital proceeds are less than the reduced cost base, the difference is your capital loss.
Last modified: 04 Mar 2016QC 19437
Example 5: Capital loss
If Fred had sold his shares for $4,000 instead of $6,000, he would have made a capital loss of $1,125 (that is, his reduced cost base of $5,125 less his capital proceeds of $4,000).
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