Under the "Income" tab > Investments" > "Capital Gains.." and check off boxes for each of you "Sold stocks, bonds, real estate..." and then continue. You should then arrive at the "Capital Gains" screen with first option is 'Type' and select from the drop down menu "Real Estate/depreciable/other". The next open box below this will be "percentage reported by spouse" This is for the Capital Gains calculation with respect to any investment profit made over the original purchase price.
The proceeds in the T776 deals only with recapture or terminal loss based on the difference between the original ACB and existing UCC balances.
