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wilsonanutooshki
March 5, 2023
Question

With reporting adjusted cost base of the sale of a principal residency, my husband and I owned 50% each, do I split the amount 50/50 or leave 1 total

  • March 5, 2023
  • 1 reply
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    1 reply

    M
    Marc_J
    May 1, 2023

    Hi @wilsonanutooshki ,

     

    I hope you're having a great day.

     

    If you both owed the property 50/50, then you would each complete your own T2091 form and each claim 50% of the adjusted cost base of the principal residence.

     

    I hope that helps answer your question.

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