@Czaffani So you bought out 50% of the rental home you owned with your ex and then the title company issued you a 1099-S for fifty percent of the proceeds that you paid? That's wacky.
First, you should notify the title company and ask them to fix it. If they refuse to do so you have other options but I sure wouldn't work with anyone like that again.
If they won't correct the 1099-S to show all of the proceeds as your ex husbands then you need to issue him a 1099-S from you to him for the amount that the form shows you received.
Here is where you prepare 1099 forms using TurboTax.
Shouldn't have any effect on his taxes because he knows how much he received regardless of the 1099-S that he got so he should have the full amount on his tax return.
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