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March 17, 2022
Question

How do I fill "Proceeds of disposition" and "Adjusted Cost Base" under the "Sale of your Principal Residence" section?

  • March 17, 2022
  • 1 reply
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    1 reply

    March 19, 2022

    The amount you received for the property after it was sold is referred to as the proceed of disposition. The Adjusted Cost Base (ACB) is the amount you pay to acquire the house.

     

    For more information, please see our TurboTax article. Proceeds of Disposition

    For more information, please see our TurboTax article. Calculating Adjusted Cost Base

     

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