TurboTax will complete form T2091 and the portion of Schedule 3 needed to support the sale of your principal residence for you.
Note: If your home was your principal residence for all the years that you owned it, you don't need to report any capital gains and so nothing is entered in section 7 of your Schedule 3. Section 7 of the schedule 3 is only completed if your home wasn't your principal residence for all the years you owned it.
I know this is an older answer
but trying to wrap my brain around this
Do you only check the box at line 17900 on Schedule 3 & not fill in any other information?
What amount to you put on form T2091 under proceeds of disposition??
Thanks for any help
Lynda
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