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March 24, 2022
Question

Is proceeds from the sale of principal residence how much I made or how much the buyer paid?

  • March 24, 2022
  • 1 reply
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    1 reply

    March 24, 2022

    In the proceeds from the sale, the total amount paid by the buyer or received by the seller should be entered.

     

    For more information about the sale of principal residence please visit the link below: -

    Reporting the Sale of Your Principal Residence (TurboTax) 

     

    To get more official information about the sale of Principal residence please go to the link below: -

    Disposing of your principal residence (Canada Revenue Agency) 

     

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