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Suite 1804,
1360 York Mills Road,
North York, ON, M3A 2A3
Tel: 416-283-8774
Fax: 647-317-1485

How can you carry back business losses?

How can you carry back business losses?
If you had business losses in 2006 or later years, you can carry back business losses for 3 years or carry forward 20 years. To carry back a loss you need to file Form T1A (Request for loss carry back) and file it with your income tax return.