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New Member
posted Apr 7, 2020 10:03:48 AM

Canada Gains

In 2019 our family transfered our Canadian property to our children.  This cost us big capital gain to Revenue Canada.  Am I able to deduct this or a tax credit on my 1040.

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1 Replies
Intuit Alumni
Apr 7, 2020 10:49:08 AM

Check out options for US taxes at TurboTax.com:

 https://turbotax.intuit.com/personal-taxes/online/

And TurboTax US community 

https://ttlc.intuit.com/community/turbotax-support/help/03/313

 

I hope this was helpful