Do I need to do anything special on my taxes if I had to pay my ex husband 1/2 of the equity of our home as part of our divorce settlement?

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No, you do not have to do anything special this year on your taxes because you paid your ex-husband 1/2 of the equity of your home. You will want to keep a record of this for when you sell your home as it will affect your basis when you calculate any gain or loss on the future sale of your home.

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