Does buying out my spouse's half of our home in a divorce count as a "first-time home purchase" for me?
I'm doing my ncome taxes for the first time as a divorce person. I had to withdraw money from both my IRA and my ROTH IRA to buy the ex out of his half of our home. Can I count that as a "first-time home purchase", since it's the first time I've owned a home by myself? (The home was originally purchased by him 30 years ago, but we added my name to the deed once we got married.)
posted
2 weeks ago
last updated
January 23, 20259:30 AM
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