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New Member
posted Oct 30, 2019 9:51:07 PM

If I sold a principle residence owned 50/50 (not w/ spouse) do I enter the full amount of the sale price as the proceed of disposition & only half the ACB or full amount?

0 2 1399
2 Replies
Moderator
Oct 30, 2019 9:51:08 PM

For both "adjusted cost base cost" and total "proceeds of disposition" you would have to put in half the total for each partner.

New Member
Mar 7, 2020 2:28:51 PM

Turbo Tax IS NOT ALLOWING ME to answer "my portion" of the Adjusted Cost Base NOR proceeds of disposition.   Is there a glich in TT's program ???