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New Member
posted Feb 15, 2025 3:26:02 PM

Why are capital gains included at 67% instead of 50%? The CGIR has not changed. Any one else have this problem?

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2 Replies
Expert Alumni
Feb 15, 2025 3:59:59 PM

The Capital Gains Inclusion Rate in Canada increased from 50% to 66.67% (two-thirds) as of June 25, 2024. For individuals, this higher rate applies to capital gains exceeding $250,000 annually, while gains below this threshold remain at the 50% rate.

 

See additional information: Capital Gains Inclusion Rate - Canada.ca

Level 15
Feb 15, 2025 4:04:27 PM

Are you in Canada? This is the USA forum. Here is the Canada forum
https://turbotax.community.intuit.ca/tax-help