I don't know how to fill in the house sale stuff. What is the cost base at disposition?
How am I supposed to figure all that out when we lived there for over 30 years?
01768
1 Replies
TurboTaxSlavko
New Member
Oct 31, 2019 4:43:59 AM
The term "cost base at disposition" basically means what was the price of the house when you first bought it 30+ years ago. If this was is your primary residence for all these years - you should not pay income tax on the proceeds of this sale.