Hi,
After a lengthy divorce trial to settle on our house, my ex wife decided not to sell the house. She and her legal team decided that refinancing was the way to go.
I was paid a settlement, divorce payoff, from half the equity of the house.
I've talked to the title company asking for paperwork or documents other than the letter I received with the check.
Where do I report the divorce payoff on my income taxes? I would appreciate a response so I can complete my taxes.
Thank-you in advance!
