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Step 5 Did you make a capital loss?

Last updated 5 October 2009

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

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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).

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