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jkrouleau
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What do you put for proceeds of disposition for selling your principle residence ? The total sale amount or the amount you pocketed?

 
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What do you put for proceeds of disposition for selling your principle residence ? The total sale amount or the amount you pocketed?

As per Canada Revenue Agency (CRA): Principal residence and other real estate: if you sold your principle residence, you would report the sale amount as the proceeds of disposition. 

 

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