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New Member
posted Jun 3, 2021 6:35:18 PM

What amount will go under proceeds of disposition for principal residence.

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Level 6
Jul 24, 2021 3:10:13 PM

“Disposition” refers to when you dispose of or get rid of a property. In most cases, the proceeds of disposition is the amount you received for the property.

However, if you traded in the property to buy a new one, the proceeds of disposition is the amount you received for the trade-in. 

 

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