In 2021, I divorced in June and we sold the home that was given to my ex to live in. We bought the home in 1999 for $149,750, and the home sold for $505,000. We had refinanced the house to which we owed $186,000 at the time of the sale. My ex and I split the profit of the sale 50/50 which was approx $147,000 each after paying off the loan amount stated above. Will I need to pay capital gains tax?
