topic How do I record the sale of a primary residence that was purchased in 1960? Turbo tax is telling me it has to be between 1972-2018. in Getting started https://turbotax.community.intuit.ca/community/getting-started/discussion/how-do-i-record-the-sale-of-a-primary-residence-that-was-purchased-in-1960-turbo-tax-is-telling-me/01/941210#M14534 Thu, 31 Oct 2019 08:58:05 GMT neale 2019-10-31T08:58:05Z How do I record the sale of a primary residence that was purchased in 1960? Turbo tax is telling me it has to be between 1972-2018. https://turbotax.community.intuit.ca/community/getting-started/discussion/how-do-i-record-the-sale-of-a-primary-residence-that-was-purchased-in-1960-turbo-tax-is-telling-me/01/941210#M14534 Thu, 31 Oct 2019 08:58:05 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/how-do-i-record-the-sale-of-a-primary-residence-that-was-purchased-in-1960-turbo-tax-is-telling-me/01/941210#M14534 neale 2019-10-31T08:58:05Z You can use the regular form. The reason why it asks ques... https://turbotax.community.intuit.ca/community/getting-started/discussion/you-can-use-the-regular-form-the-reason-why-it-asks-ques/01/941211#M14535 <P></P><P>You can use the regular form. The reason why it asks questions about 1971-1982 &amp; 1982 is because that is when the capital gains laws changes. Before 1972 there was no tax on capital gains, and before 1982 it was possible to have each spouse claim a different principal residence. So if capital gains need to be calculated, info specific to those years is needed.</P><BR /><P></P> Thu, 31 Oct 2019 08:58:06 GMT https://turbotax.community.intuit.ca/community/getting-started/discussion/you-can-use-the-regular-form-the-reason-why-it-asks-ques/01/941211#M14535 TurboTaxSusan 2019-10-31T08:58:06Z
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topic How do I record the sale of a primary residence that was purchased in 1960? Turbo tax is telling me it has to be between 1972-2018. in Getting started
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https://turbotax.community.intuit.ca/community/getting-started/discussion/how-do-i-record-the-sale-of-a-primary-residence-that-was-purchased-in-1960-turbo-tax-is-telling-me/01/941210#M14534
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How do I record the sale of a primary residence that was purchased in 1960? Turbo tax is telling me it has to be between 1972-2018.
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You can use the regular form. The reason why it asks ques...
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https://turbotax.community.intuit.ca/community/getting-started/discussion/you-can-use-the-regular-form-the-reason-why-it-asks-ques/01/941211#M14535
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<P></P><P>You can use the regular form. The reason why it asks questions about 1971-1982 &amp; 1982 is because that is when the capital gains laws changes. Before 1972 there was no tax on capital gains, and before 1982 it was possible to have each spouse claim a different principal residence. So if capital gains need to be calculated, info specific to those years is needed.</P><BR /><P></P>
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