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PTP TRU - Transferring losses to a beneficiary

Article ID
kba-03793
Article Name
PTP TRU - Transferring losses to a beneficiary
Created Date
4th August 2021
Product
Problem
When completing box 5.22 on page TC1 of the Capital Gains pages, the program correctly identifies that losses b/fwd will now be used against the gains in the year and populates box 5.12 automatically (up to the AEA). However, it does not then consider the amount at 5.12 and apply the same in box 5.25, and consequently does not reduce the c/fwd loss amount accordingly in box 5.26. Please note that box 5.12 is only visible on the printed return, not onscreen.
Resolution

This issue was corrected in the Autumn 2021 release, version 21.3.201 or greater.

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