289 – Non-capital losses from other years
You can deduct the following losses, provided you did not deduct them in a previous year:
- non-capital losses you sustained from 2006 to 2020;
- farm losses and restricted farm losses you sustained from 2006 to 2020;
- limited partnership losses you sustained from 1986 to 2020.
Enter the amount of losses from previous years you are deducting on line 289. In box 289.1, enter the corresponding number from the list below. If you are deducting more than one type of loss, enter the total on line 289 and "99" in box 289.1.
|04||Restricted farm loss|
|05||Limited partnership loss|
There may be a limit on your deductions for restricted farm losses and limited partnership losses. For more information, contact us.
If you are claiming a deduction for a limited partnership loss, see point 9 in the instructions for line 276 and complete Schedule N.