https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-reflect-the-actual-amount-i-profited-from-a-house-sale-if-my-ex-wife-and-i-split-the-profit/01/423121#M53908 I personally made less than $250K but the program thinks I got 100% of the profit. Tue, 04 Jun 2019 21:18:20 GMT markjwildermuth 2019-06-04T21:18:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-reflect-the-actual-amount-i-profited-from-a-house-sale-if-my-ex-wife-and-i-split-the-profit/01/423121#M53908 I personally made less than $250K but the program thinks I got 100% of the profit. Tue, 04 Jun 2019 21:18:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-reflect-the-actual-amount-i-profited-from-a-house-sale-if-my-ex-wife-and-i-split-the-profit/01/423121#M53908 markjwildermuth 2019-06-04T21:18:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-each-owned-half-the-house-each-of-you-claim-1-2-o/01/423126#M53909 <P>If you each owned half the house, each of you claim 1/2 of everything, the cost basis&nbsp; any improvements, the selling proceeds, not including mortgage payoff.&nbsp; Your income makes no difference whatsoever.&nbsp; You can each take a $250,000 exemption for the house, and if you have no taxable amount of profit over and above the exemption, and did not receive a 1099-S, you do not need to include the sale at all</P> Tue, 04 Jun 2019 21:18:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-each-owned-half-the-house-each-of-you-claim-1-2-o/01/423126#M53909 Anita01 2019-06-04T21:18:21Z