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When referring to the sale of our principal residence it is asking for proceeds of disposition...is that our sale price or the difference between what we paid & sold for?

 
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When referring to the sale of our principal residence it is asking for proceeds of disposition...is that our sale price or the difference between what we paid & sold for?

The proceeds of disposition will be your gross proceeds from the sale (before any commissions paid, other expenses incurred on the sale, etc.).

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When referring to the sale of our principal residence it is asking for proceeds of disposition...is that our sale price or the difference between what we paid & sold for?

The proceeds of disposition will be your gross proceeds from the sale (before any commissions paid, other expenses incurred on the sale, etc.).