- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-S Proceeds for Home Sale after a Divorce
My wife and I are getting a divorce. as part of the divorce, I got 75% of the net of the home sale, and she got 25%. For the proceeds on the 1099s (the total sale), the originally gave us two 1099-s that reported 50% each of total sale. Is this correct? Or should the 1099-s report 75% of the total sale for me and 25% for her? We owned the home for less than a year.
March 27, 2025
6:59 AM