Carry forwards from previous tax years (worksheet CFP or CARRY)

In addition to personal information such as your name and address, some amounts from tax returns you filed in prior years are required in this year's tax return. Many of these amounts are deductions or credits that you could not use last year, but that you may be able to use this year. Other "carry forward" amounts are cumulative figures, such as your cumulative net investment loss balance.

Prior year information you enter elsewhere

Some prior year amounts are entered on other forms:

Enter any capital gains deductions from prior years on Form T657.
Enter losses from previous years on Form LOSS.
If you had to pay minimum tax in a prior year, enter it on Form T691.
Enter any carry forward of office-in-home expenses on Form T777 (if you were an employee) or your self-employed business statement (see lines 13500 to 14300).

For information on how to complete Form CFP click here.

Summary of previous year's tax return

This section includes key figures from your previous year's tax return, which are used to compare your current and previous year tax returns on the Detailed Tax Summary. Comparing tax results from this year and last year is a good way to make sure you haven't missed anything on this year's tax return.