Line 25100 – Limited partnership losses of other years

If you had limited partnership losses in previous years that you have not already claimed, you may be able to claim part of these losses in 2023.

You can carry forward the losses indefinitely but you can only deduct them from the same partnership's income if you have a positive at-risk amount (ARA).

If you claim these losses, attach to your paper return a statement showing a breakdown of your total losses, the year of each loss and the amounts claimed in previous years.

For more information, see archived Interpretation Bulletin IT-232R3, Losses – Their Deductibility in the Loss Year or in Other Years, or call 1-800-959-5525.

Completing your tax return

Box 109 of your T5013 slip shows the amount of limited partnership losses from previous years that may be entered on line 25100 of your 2023 tax return. You can only deduct this loss if there is an amount in box 105.

Forms and publications

• Income Tax Package
• Form T5013, Statement of Partnership Income
• Interpretation Bulletin IT232R3 ARCHIVED, Losses – Their deductibility in the loss year or in other years

Related topics

• Line 12200 – Net partnership income (limited or non-active partners only)