Information & Downloads
Covid work from home deduction
You sold your principal residence in 2021 (or a property you are declaring as a principal residence)
If you sold a property in 2021 you are required to report it even though there may not be a tax impact. If you sold a property in 2021 for which you wish to claim the principal residence exemption (in whole or in part) you need to provide us with some basic information including:
- Details of the property (description/address)
- Year of purchase
- Sale amount
- Full or partial claim of principal residence exemption
Remember that even though you are claiming a property sale as a principal residence there could still be some circumstances which make part of the sale taxable for capital gains.
Our 2021 Client Tax Season Newsletter will be posted here shortly.
Client Resources
Selected Government Forms
Note that many of these forms are available in accessible formats online at www.cra-arc.gc.ca
