HOW DO I FIGURE OUT HMUCH TO PUT AS MY"PROCEEDS OF DISPOSITION" "ADUSTED COST BASE" AND " OUTLAYS ANDEXPENSES" IN THE CAPITAL GAINS SECTION IF I SOLD MY HOME LAST YEAR

[Lyne-TurboTax · Accepted solution]

Thank you for your question.

I found a great informative link.

You will learn how to calculate your gain or losses on this house and how to complete the form:

http://www.cra-arc.gc.ca/capitalgains/

Have a good end of day.

[tarobitaille]

"Principal residence and other real estate

When you sell your home, you may realize a capital gain. If the property was your principal residence for every year you owned it, you do not have to report the sale on your income tax and benefit return"
THANK YOU SO MUCH, I DONT EVEN HAVE TO CLAIM IT : )

[Lyne-TurboTax]

Great ! I am happy for you. Have a good end of day.