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How do We split capital Gains on sale of property after divorce?
My wife and I sold a piece of vacant land last year (which we owned it for 16 years) while we were still married. Both of our names were on the note. We divorced in October. How do I adjust my schedule D to reflect each of us having a 50% responsibility for the long term capital gains on our individual tax forms?
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‎June 4, 2019
12:20 PM