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New Member
posted Oct 29, 2019 11:01:08 PM

HOW DO I FIGURE OUT HMUCH TO PUT AS MY"PROCEEDS OF DISPOSITION" "ADUSTED COST BASE" AND " OUTLAYS ANDEXPENSES" IN THE CAPITAL GAINS SECTION IF I SOLD MY HOME LAST YEAR

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1 Best answer
New Member
Oct 29, 2019 11:01:09 PM

Thank you for your question.

I found a great informative link.

You will learn how to calculate your gain or losses on this house and how to complete the form:

http://www.cra-arc.gc.ca/capitalgains/

Have a good end of day.


3 Replies
New Member
Oct 29, 2019 11:01:09 PM

Thank you for your question.

I found a great informative link.

You will learn how to calculate your gain or losses on this house and how to complete the form:

http://www.cra-arc.gc.ca/capitalgains/

Have a good end of day.


New Member
Oct 29, 2019 11:01:10 PM

"Principal residence and other real estate

When you sell your home, you may realize a capital gain. If the property was your principal residence for every year you owned it, you do not have to report the sale on your income tax and benefit return"
THANK YOU SO MUCH, I DONT EVEN HAVE TO CLAIM IT : )

New Member
Oct 29, 2019 11:01:12 PM

Great ! I am happy for you. Have a good end of day.