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Cdn. Yield: Corps, Trusts, GICs, Pref. Shares
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spreading capital gains and high income years out Although I have not used it in the past as I did not think the variation in my taxable income from year to year warranted it, my understanding is that there are provisions in the tax code that allow for one to spread this income out over a number of lower income years.Some questions for the Form - Do I have this right? Does anyone have any experience with this? what are the rules and forms involved? Thank in Advance |
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