T2091(IND): Designation of a Property as a Principal Residence by an Individual (Other Than a Personal Trust)
Form T2091(IND) is how an individual designates a property as their principal residence and calculates any capital gain when the property is sold or deemed sold.
This is the genuine CRA PDF, unmodified. Source: CRA official page.
What is T2091(IND)?
T2091(IND), Designation of a Property as a Principal Residence by an Individual, lets you claim the principal residence exemption for the years a property qualified and calculate the taxable gain, if any, for the remaining years. You use it when you sell, or are deemed to have sold, a home that was your principal residence for some or all of the time you owned it.
This is a dynamic (XFA) PDF built for Adobe Acrobat Reader. It will not fill in a web browser or a basic PDF viewer, so download it first and open it in the free Adobe Acrobat Reader. The gain calculated here supports the amount you report on Schedule 3 of your T1 return.
Who files T2091(IND)?
- Individuals who sold a home that was their principal residence for some or all of their ownership
- People designating which years a property counted as their principal residence
- Owners calculating the taxable portion of a gain on a partially exempt home
- Anyone reporting a deemed disposition of a principal residence
How to fill out T2091(IND)
- Download the T2091 and open it in the free Adobe Acrobat Reader; it will not fill in a browser.
- Enter the property details and the years you owned it.
- Designate the years the property was your principal residence.
- Calculate the exempt portion and any remaining taxable capital gain.
- Report the result on Schedule 3 of your T1 return and file it with the CRA.
Get T2091(IND)
This is a dynamic PDF from CRA: it only fills in correctly in Adobe Acrobat Reader, so there is no in-browser fill here. Download the genuine T2091(IND) below and open it in the free Adobe Acrobat Reader to complete and save it.
Download the official T2091(IND) PDFFrequently asked questions
Do I need the T2091 if my whole gain is exempt?
You still report the sale of your principal residence on your return. The T2091 is used to designate the years and calculate the gain, particularly when the property was not your principal residence for every year you owned it.
Where does the calculated gain go?
Any taxable capital gain worked out on the T2091 is reported on Schedule 3 of your T1 income tax and benefit return filed with the CRA.