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New Member
posted Oct 30, 2019 4:49:58 PM

How to get rid of error message for designated principal residence?

Sale of cottage property owned since 1992, designating 16 years (15 +1) as principal residence and 25 years for total years owned.  I have split the revenue and expenses 50/50 with my spouse and indicated that I am splitting with my spouse.  No errors on my return but my husband keeps getting the following  error message: You have reported the sale of your principal residence(s), but there is an error with the year of acquisition entered, number of years it was your principal residence and/or the number of years you have owned the property. The number of years the property was your principal residence cannot be greater than the number of years you have owned the property. The number of years you have owned the property cannot be greater than the number of years since the year you acquired the property (include the year you acquired the property and the current tax year in the count). Otherwise, review the year of acquisition entered. 

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1 Replies
New Member
Oct 30, 2019 4:49:59 PM

Please call us. Here's how to reach us: https://turbotax.community.intuit.ca/replies/3152013