Division C Deductions for Individuals

Division C Deductions for Individuals

Common Division C Deductions
  1. Stock option deduction = 1/2 * stock option benefit
    • As long as not in money at the grant date
    • For CCPC’s if in the money; hold for 24 months
      • See Employee Stock Option notes for detail
  2. Social Assistance & Workers’ Compensation
  3. Home Relocation Loans for first 5 years
    • prescribed rate * $25,000
    • See Loans from employer to employee notes
  4. Lifetime QSBC CG exemption
    • Gross amount = 848,252
    • Net Amount = 848,252 * 1/2 = 424,126
      *** previous ABILs and CNIL (cumulative net investment loss) claimed will reduce the Capital Gain exemption amount***
  5. Loss Carry Forward
    • Non-Capital Losses (back 3 fwd. 20)
    • Net Capital Losses (back 3 fwd. ∞)

Spread the Word!

Scroll to Top
Scroll to Top