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My taxes had an acquistion on it in 2016
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This is what it tells me about it

For dispositions of qualified farm or fishing property (QFFP) in 2016 to 2022, the LCGE is $1,000,000. Because you only include one half of the capital gains from these properties in your taxable income, your cumulative capital gains deduction is $500,000 (1/2 of a LCGE of $1,000,000)

How do I claim this

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10 months ago