My husband and I divorced in TX on March 17, 2020. Closed on our primary residence on Sept. 30, 2020. We decided on 50/50 split on any gain on the home. Bought for $35K in 1995, sold for $330K 2020 with about $120K in expenses to improve the home over the years. So, since we split 50/50 and I can file as single since not married as of 12/31/2020, I added in the sale of the home and all of the expenses associated. Turbo Tax says it will figure my husband's part later on and not to worry. I have not yet seen this in Turbo Tax yet. Will I be able to file my ex-husbands taxes for him via Turbo Tax and Turbo Tax will figure the capital gain correctly for both of us? I know we will not exceed the $250K exclusion for each of us. Just want to make sure we can get it figured correctly.
