Last updated: February 05 2025

Capital Gains News: Special Report & Feb. 12 Live-Virtual Event

Last week, it was announced that the capital gains inclusion rate increase would be postponed to January 1, 2026. How can you advise your clients on this now?

Join Evelyn Jacks and special guest instructors Kim Moody and Joanne Thomas at the half-day CE Savvy Mini Summit on February 12 from 8:15 to 12:30 CT where we’ll discuss completing the capital gains forms when there is a sale or deemed disposition of a taxable asset. Register here!

In this half day live virtual event, participants will learn how to confidently file returns with capital gains transactions based on the latest tax changes for the current tax filing year. This CE Savvy Mini Summit –perfect for those who have experience filing simple personal tax returns or who have taken the CE Savvy Mini Summit #1 – Rookie Tax School, and especially valuable for career development in the tax preparation or financial services industries. Graduates receive a Certificate of Achievement at the end of the course. Recorded sessions available after the event.

Bonus Follow up Program: Graduates are automatically enrolled in the 20 hour online certificate program: Canada’s Income Tax Fundamentals Course.

Check out the details below, and visit the website for the full agenda and event information.

Live Event Agenda Overview:

Introduction to Capital Gains Reporting
Recording Dispositions of Business Properties
Recording Dispositions of Financial Assets
Recording Dispositions of Real Estate and Depreciable Property
Recording Dispositions of Personal Use Properties
Recording Capital Gains Losses and Carry-Overs

What will you learn?

Learn how to confidently file returns with capital gains transactions based on the latest tax changes for the current tax filing year.

Who is this for? Professionals with experience filing simple personal tax returns. Especially valuable for career development in the tax preparation or financial services industries.

What’s included?

Attend the half-day live-virtual event or watch the recorded sessions, earn 5 CE credits, and automatic enrolment in the 20 hour online certificate program: Canada’s Income Tax Fundamentals Course.

Detailed agenda and registration

AGENDA – TIME ZONE IS CENTRAL TIME – PLEASE ADJUST YOUR CALENDARS

8:15 CT	INTRODUCTORY COMMENTS AND VIRTUAL CAMPUS ENTRY
8:30	CANADA’S NEW CAPITAL GAINS INCLUSION RULES
8:45	Introduction to Capital Gains Reporting Overview Schedule 3 – How to Calculate a Capital Gain or Loss Capital Gains from Information Slips T2036 Provincial or Territorial Foreign Tax Credit T2209 Federal Foreign Tax Credit T1135 Foreign Income Verification Statement
9:15	Recording Dispositions of Business Properties Qualified Small Business Corporation Shares Qualified Farm and Fishing Property Schedule 3 Losses on Investments in Small Business Corporations and resulting ABIL Calculations
9:45	T657 Capital Gains Deduction T936 Calculation of Cumulative Net Investment Loss (CNIL) T691 Calculation of Alternative Minimum Tax
10:30 BREAK
10:45	Recording Dispositions of Financial Assets Publicly Traded Shares, Mutual Funds and other shares Bonds, Debentures, Promissory notes Disposition of Employee Stock Options T123 Election on Disposition of Canadian Securities
11:15	Recording Dispositions of Real Estate and Depreciable Property Real Estate, Depreciable Property, Foreclosures, Repossessions T776 Rental Income Reporting – Year of Acquisition and CCA Schedules T2017 Summary of Reserves on Dispositions of Capital Property Vacant Land T664 or T664(Seniors), Election to Report a Capital Gain on Property Owned at End of Feb 22, 1994. Affect of Capital Gains Inclusion Rates
11:45	Recording Dispositions of Personal Use Properties Personal Use Property Definition T2091 Designation of a Property as a Principal Residence Acreages and Farm Property T776 Rental Income Reporting and its effects on the PRE T1170 Capital Gains on Gifts of Certain Capital Property Listed Personal Use Property
12:15	Recording Capital Losses and Carry-overs Calculating Capital Losses T1A Request for Loss Carryback
12:45 PRIZES AND CLOSE	Now Complete the online course to earn your Certificate of Achievement! Canada’s Income Tax Fundamentals Course

The RWM™, MFA™, MFA-P™, DMA™, DFA-Tax Services Specialist™, DFA-Bookkeeping Services Specialist™, the Society of Real Wealth Managers™ & all its certificate/diploma programs are intellectual properties/certification/trademarks owned by Knowledge Bureau™

Capital Gains News: Special Report & Feb. 12 Live-Virtual Event

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