- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If you got half and your ex-wife got half, you should have a 1099-S that shows that.
Otherwise, divide all actual amounts from closing by two and indicate 50% in the Description of the transaction.
I don't see any applicable adjustment code in the IRS instructions for your situation
March 2, 2026
5:16 PM
641 Views