Warwick Male
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RE: Completing Trust and Estate Capital Gains (SA905)
Hi, did you ever find out the answer to this? I have the exact same question. Hypothetical figures: house valued at 500000, sold for 600000 but had 50000 spent on allowable fees and enhancement work done that can be deducted. So are the "disposal proceeds" (column E) the gross sale value (600000), the gross profit (100000) or the net profit (50000)? 'Proceeds' is ambiguous term.