2025 Printable Template
42,014 reviews on
This website is not affiliated with any government agency or tax authority.
Form last updated: 03/2024. Please verify this is the current version before use.
Easily complete & submit your T657 form
Follow these simple steps to fill, sign, and send your T657 form online.
Fill out your form
Our user-friendly editor helps you quickly enter personal & business details in the T657 template.
Sign the form
Add your electronic signature to the fillable T657 form to certify it came directly from you.
Send it to the requester
Download and instantly print or share your signed T657 with the requester.
What is a T657 used for?
Form T657 is used by Canadian residents to calculate the capital gains deduction for the sale of qualified farm or fishing properties and shares in small business corporations. This form assists individuals in determining the portion of their capital gains that may be exempt from taxation, ensuring accurate tax reporting.
Who needs to fill out a T657 form
Canadian residents who have disposed of qualified farm or fishing properties or shares in qualified small business corporations.
How to fill out a T657 online?
Follow these steps to complete your T657 form online.
Frequently Asked Questions
Find quick answers to common questions about our PDF editor.
You can claim the deduction if you sold qualified farm or fishing properties or shares in small business corporations.
Eligibility requires being a Canadian resident who lived in Canada for part of the applicable tax year.
It is determined by the lowest of several limits, including your capital gains limit and cumulative capital gains limit.
