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Foreclosure Surplus on taxes
I live and worked in Tennessee for the whole year of 2023. but a house in Florida that had mine and my exes name on it foreclosed and I received half of the excess funds which was about $10,000, will I be penalized and owe the irs on that amount or is there a form and I report it as income?
Thank You
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‎January 4, 2024
11:31 AM