I went through a divorce in 2022 and received $60,000 in a quick claim deed in which my spouse got the home. I have read this is not taxable? is this true

[MonikaK1]

Generally, yes, there is no recognized (taxable) gain or loss on the transfer of property between spouses, or between former spouses if the transfer is because of a divorce. 

This rule applies even if the transfer was in exchange for cash, the release of marital rights, the assumption of liabilities, or other consideration.

The term “property” includes all property whether real or personal, tangible or intangible, or separate or community. It includes property acquired after the end of your marriage and transferred to your former spouse. It doesn’t include services.

Please see IRS Publication 504 and this TurboTax tips article for more information.