GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

Perhaps not.  To follow-up on the prior posts, what was the nature of your ownership in the home with your spouse?  For example, were you joint tenants?  Or were you tenants-in-common?  Also, who is listed as the actual owner of the home?  You mentioned your name is on the Form 1098; however, we need to know whose name is on the title/deed of the home.  

 

Generally, spouses cannot split proceeds/gain/losses on the sale of a home when they file MFS in order for one spouse (or both) to gain some tax advantage.  

 

@singlebordop

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