T3 SCH 1 (05) T3 - (Year) ^ DISPOSITIONS OF CAPITAL PROPERTY SCHEDULE 1 - Enter the applicable taxation year in the box above. - For information on completing this schedule, see Chapter 3 in the T3 Trust Guide. - If the trust is reporting a deemed disposition, complete Form T1055 first. - If you need more space, attach a separate sheet of paper. Attach a completed copy of this schedule to the trust's return. Note: Do not use this schedule to claim an allowable business investment loss from disposing of shares or debts of a small business corporation (see Line 25 in the T3 Trust Guide). *** Transcriber's Note: In print, the text contains "Numbered" columns 1 to 5 and "Descriptive" columns 1 to 7 with the possibility of 2 entry lines for each of the following. *** 1. Qualified small business corporation shares Number of shares ^ Name of corporation and class of shares ^ (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1011: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 1 and line 1012: Gain (or loss): Add all the amounts under column 5 ^ 2. Qualified farm property Address or legal description ^ (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1021: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 2 and line 1022: Gain (or loss): Add all the amounts under column 5 ^ 3. Mutual fund units and other shares (report capital gains or losses shown on an information slip on line 10 below) Number of shares ^ Name of fund or corporation and class of shares ^ (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1031: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 3 and line 1032: Gain (or loss): Add all the amounts under column 5 ^ 4. Bonds, debentures, promissory notes, and other similar properties Face value ^ Maturity date ^ Name of issuer ^ (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1041: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 4 and line 1042: Gain (or loss): Add all the amounts under column 5 ^ 5. Real estate and depreciable property (do not include losses on depreciable property) Address or legal description ^ (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1051: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 5 and line 1052: Gain (or loss): Add all the amounts under column 5 ^ 6. Personal-use property (full description) (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1061: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 6 and line 1062: (If negative, enter "0") Add all the amounts under column 5 ^ 7. Listed personal property (LPP) (full description) Note: You can only apply LPP losses against LPP gains. (Column 1): Year of acquisition ^ (Column 2): Proceeds of disposition ^ Line 1071: Total - Add all the amounts under column 2 ^ (Column 3): Adjusted cost base ^ (Column 4): Outlays and expenses (from dispositions) ^ (Column 5): Gain (or loss) (column 2 minus columns 3 and 4) ^ Line 7 and line 1072: Add all the amounts under column 5 ^ Line 8 and line 1080: Enter LPP losses from line 7 of Form T1055, and unapplied LPP losses from other years (give details). ^ Line 9: Net gain (line 7 minus line 8) ^ Line 10 and line 1100: Information slips - Capital gains (or losses) (attach T3, T5, T4PS, and T5013 slips) ^ Line 11: Subtotal (add lines 1 to 6, 9, and 10) ^ Line 12 and line 1130: Capital losses from a reduction in business investment loss ^ Line 14: Total of amounts in column 5 before reserves (line 11 minus line 12) ^ Line 15 and line 1170: Reserves from line 5, column 3 of Schedule 2 (if negative, show it in brackets and subtract it) ^ Line 16: Subtotal (line 14 plus line 15) = ^ Line 17: Adjusted capital gains on gifts of certain capital property (line 6 of Schedule 1A) ^ Line 18 and line 1191: Capital gains from gifts of other capital property (see Schedule 1, Line 17 in the guide) ^ Line 19 and line 1646: Total capital losses transferred under subsection 164(6) (do not put this amount in brackets) ^ Line 20: Subtotal (add lines 16, 17 and 19) = ^ Multiply line 20 by one-half = ^ Line 21 and line 1220: Total taxable capital gains (or net capital losses) = ^ If line 21 is positive, enter it on line 01 of the return. If it is negative, see Line 01 in the T3 Trust Guide.