Protected B when completed
 
  Capital Gains on Gifts of Certain Capital Property T1170

Use this form if you donated any of the following types of properties to a registered charity or other qualified donee in 2024:
  • a share, debt obligation, or right listed on a prescribed stock exchange
  • a share of the capital stock of a mutual fund corporation
  • a unit of a mutual fund trust
  • a prescribed debt obligation
  • an interest in a related segregated fund trust
  • ecologically sensitive land (including a covenant, an easement or, for land in Quebec, a real servitude or, under certain conditions, a personal servitude) where it is gifted to certain qualified donees

If there is no advantage in respect of the gift, the full amount of the capital gain realized on the gift is eligible for an inclusion rate of zero. However, if there is an advantage, only a portion of the capital gain is eligible for the inclusion rate of zero. The rest is subject to the inclusion rate calculated on Schedule 3, Capital Gains or Losses.

Complete page 2 for dispositions from January 1 to June 24, 2024 (Period 1). Complete page 3 for dispositions from June 25 to December 31, 2024 (Period 2). Report these amounts for each dispositions on Schedule 3, as indicated on page 2 and 3.

The inclusion rate of zero is extended to any capital gain realized on the exchange of shares of the capital stock of a corporation for securities listed in the first five bullets above that are donated within 30 days of the exchange if certain conditions are met.

If the exchanged property is a partnership interest (other than prescribed interests in a partnership), a special calculation is required to determine what the capital gain will be. For Period 1 dispositions, report the amount directly on line 17399 in Part 4 of Schedule 3. For Period 2 dispositions, report the amount on line 17400 in Part 4 of Schedule 3.

You may donate property to a qualified donee that is at the time of the donation included in a flow-through share (FTS) class of property. At that time, you may also have an exemption threshold in respect of the FTS class of property. If this is the case, you may be deemed to have an additional capital gain from the disposition of another capital property subject to the inclusion rate calculated on Schedule 3.

You or your spouse or common-law partner may be able to claim a non-refundable tax credit for these gifts.

For more information, see Pamphlet P113, Gifts and Income Tax.

 
2
  Protected B when completed
Capital Gains on Gifts of Certain Capital Property

Period 1 - Dispositions from January 1 to June 24, 2024

Include this form with your return. If you need more space, attach a separate sheet of paper to your return.

 
Shares and rights that are publicly traded, other shares, segregated fund units and mutual fund units   (7) (8)
Number Name of fund or corporation and class of shares (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68214 Total 68215  1 
Include the amount from line 1 of column 8 in the total on line 10690 of Schedule 3.
 
Bonds and debentures that are publicly traded, and other properties (7) (8)
Face value Maturity date Name of issuer (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68216 Total 68217  2 
Include the amount from line 2 of column 8 in the total on line 10694 of Schedule 3.
 
Ecologically sensitive land (including a covenant, an easement or, for land in Quebec, a real servitude or, under certain conditions, a personal servitude)   (7) (8)
Address or legal description of land (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68218 Total 68219  3 
Include the amount from line 3 of column 8 in the total on line 10692 of Schedule 3.
 
3
  Protected B when completed
Capital Gains on Gifts of Certain Capital Property

Period 2 - Dispositions from June 25 to December 31, 2024

Include this form with your return. If you need more space, attach a separate sheet of paper to your return.

 
Shares and rights that are publicly traded, other shares, segregated fund units and mutual fund units   (7) (8)
Number Name of fund or corporation and class of shares (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68220 Total 68230  1 
Include the amount from line 1 of column 8 in the total on line 13200 of Schedule 3.
 
Bonds and debentures that are publicly traded, and other properties (7) (8)
Face value Maturity date Name of issuer (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68240 Total 68250  2 
Include the amount from line 2 of column 8 in the total on line 15300 of Schedule 3.
 
Ecologically sensitive land (including a covenant, an easement or, for land in Quebec, a real servitude or, under certain conditions, a personal servitude)   (7) (8)
Address or legal description of land (1)
Year acquired		 (2)
Proceeds of disposition		 (3)
Adjusted cost base		 (4)
Outlays and expenses (from dispositions)		 (5)
Gain (or loss)
(col 2 - col 3 and 4)		 (6)
Eligible amount of gift		 Gain eligible for 0% inclusion rate (col 5 x col 6 / col 2) Gain to report on Schedule 3
(col 5 - col 7)
Total 68251 Total 68252  3 
Include the amount from line 3 of column 8 in the total on line 13800 of Schedule 3.