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What amount will go under proceeds of disposition for principal residence.
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June 3, 2021
6:35 PM
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Credits and deductions
“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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July 24, 2021
3:10 PM