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.

principal residence exception

Credits and deductions

Credits and deductions

Credits and deductions