principal residence exception

[user17679055925]

Please verify that forms PRWS, T2091(1) and schedule 3 are working. When entering values in form PRWS the proceeds of disposition appear at the top of form T2091(1), but doesn’t flow to line 8 and calculations cannot be completed. When filing 2 returns my spouse and I, do I have to split the Adjusted cost base and Proceeds of disposition.

[TurboTaxSusan]

Are you using TurboTax Desktop or TurboTax Online? And what year are you preparing your return for?

[user17679055925]

Using Turbotax Canada 2025 desktop and preparing tax return for year 2025

[TurboTaxSusan]

Yes, you will have to split the Adjusted cost base and Proceeds of disposition.

If the T2091 isn't calculating properly, please make sure that you've filled out the PRWS & T2091 completely, including the year purchased and the years owned/principal residence. 

Note: If the whole home was your principal residence the entire time you owned it, then you won’t have capital gains (or losses) due to the sale.