Yes, you will only enter half the proceeds, but you will need to issue your ex spouse a 1099 for the amount they received. You will need to file the 1099s along with a 1096 Transmittal Form with the IRS to tell the IRS that half of the money you received for the house was given to your ex spouse.
If the check was issued to both you and your ex spouse, then you could contact the issuing party and ask for a corrected 1099S if they are willing to do so.
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