The IRS form 1099-S is reporting the sale of your personal home.
You and your ex-spouse should each report one half of the sale proceeds, selling expenses and deductible expenses. For instance, if the proceeds of sale was $300,000, you should each report $150,000. On your individual tax returns, you will each determine whether you qualify for the exclusion of gain on the sale of your personal home.
There is no way to add notes to an electronically filed Federal 1040 tax return. If you did, there is no one at the IRS who is reading the notes.
If you file electronically, make detailed notes of how the sale proceeds and expenses were divided and retain the notes with your tax papers. One or both of you may be contacted by the IRS at a later time.
If you file by mail, you are able to attach an written explanation to your tax return but the delay in processing time may be significant.
To report the sale of your personal home In TurboTax Online, enter 'sale of home' in the search bar in the upper right hand corner of the screen. Click on 'Jump to sale of home'.
See this TurboTax Help.
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