Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

Is the proceeds of disposition the net between my house sales price and the new house I bought

I sold my house to buy a new one how should I declare the net between sales and buy?
1 Reply

Is the proceeds of disposition the net between my house sales price and the new house I bought

Your proceeds of disposition is the amount that you received for the home that you sold - the sale price of the property.

Please see Canada Revenue Agency (CRA) webpage for more information on terms associated with capital gains/losses: Definitions for capital gains