Hi, I sold a marital home, that was titled in my name, after the divorce was finalized. We lived in the home for the last 7 yrs, as a primary residence and filed MFJ taxes. Due to me owning the home, I received the 1099s for the full sale proceeds even though it qualifies as the $500k marital deduction. Can I file my taxes with 50% basis and my portion of the gain and my ex spouse do the same? I am concerned because the 1099 is attached to my social. The other option is claiming the full sale proceeds, then issuing my ex spouse a 1099 for her proceeds. How do I issue a 1099s in Turbo Tax?
