Eric bought BB (BlackBerry Ltd.) shares on February 5 at $10.75. If he sells them at $9.75 on February 14th but then replaces the shares on February 21st, all in the same year, he will most likely (assume he remains a Canadian resident):

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Be able to carry back the capital loss three years and forward indefinitely as this is an identical property transaction

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Be able to apply the loss against capital gains only during the year as this is an identical property transaction

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Not be able to deduct the loss from taxable income but could add the superficial loss to the adjusted cost base (ACB) of the substituted property

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Be able to apply the loss against any taxable income during the year including employment income

Crowdly

Eric bought BB (BlackBerry Ltd.) shares on February 5 at $10.75. If he sells th...

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