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New Member
posted Oct 30, 2019 9:30:49 AM

We have sold our jointly owned rental property and reported it on my Capitol Gain/Loss profile. Do I put the same information on my husbands profile?

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1 Replies
Level 15
Oct 30, 2019 9:30:50 AM

Yes, you need to report the sale on both spouse's Capital Gains/Loss Profile, but only 50% each.

https://turbotax.community.intuit.ca/replies/2647964