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Lou P.

Report Capital Gain on sale of inherited property

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I sold property in 2018 that I inherited in 2013.   My understanding is that I am liable for 50% capital gains taxation on (2018 value - 2013 value) For the life of me, I cant figure out how to enter this into UFile.

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Since it is a capital gain/loss situation, the way to access it is through the interview tab, then select "Interview setup" on the left side, and then put a check mark in the "Capital Gains (or losses) and capital gains history" box. That will give you access to form you need to fill in the data.

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