Primary residence sold

Cloupinette · ‎March 07, 2025

I am confused about primary residence. My client who is 88, sold his condo that he shared with his wife until her passig, and now lives in a seniors' assisted living residence. He has invested the proceeds into GICs. If I fill out the schedule 3, he owes $66000 + . How do I get around this? He only lives on his CPP, OAS and seniors assistance, and pays $4000 in rent where he lives now. The slip he got from the Seniors residence says he is not eligible to claim any expenses.

Lowell K

I've run into the same issue. It's a bug between S3, Principal residence detail form, T2091/T1255 forms where the software isn't picking up correct information or is calculating a capital gain/loss from details on the PR form. Will need to wait until S3 (and all corresponding forms) are approved for e-filing and updated a in future software release.

It's beyond frustrating to not be able to finish off otherwise simple returns, simply because they sold their principal residence.

View solution in original post

ldres1985

This problem is fixed in latest release.

Form is still in draft form, Mario is there a estimated time for release of this form, returns are piling up.?

Mario B

The S3 will be available for EFILE before the end of the month

Lowell K

I've run into the same issue. It's a bug between S3, Principal residence detail form, T2091/T1255 forms where the software isn't picking up correct information or is calculating a capital gain/loss from details on the PR form. Will need to wait until S3 (and all corresponding forms) are approved for e-filing and updated a in future software release.

It's beyond frustrating to not be able to finish off otherwise simple returns, simply because they sold their principal residence.

Primary residence sold