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What happens to Canadian capital loss carryover when moving to USA
Hello. I am a Canadian citizen, however I am planning to immigrate to USA in Q3 of 2023.
Unfortunately, I anticipate a significant capital loss (stocks) this year. My question is if I carry this forward in my 2022 CRA tax return, how can I use it future in USA? Can I offset my capital gains in future in USA with this carry-forward capital loss in Canada ?
Thanks.
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‎December 4, 2022
10:11 PM