In 2018 I refinanced my home to pay off my ex the equity in the house. The money was paid directly to my spouse out of escrow. Is this considered a cash out to me?

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In 2018 I refinanced my home to pay off my ex the equity in the house. The money was paid directly to my spouse out of escrow. Is this considered a cash out to me?

It is a cash-out refinance but is generally not a tax event. What it would change is your mortgage interest payment and therefore how much you can deduct , if you use itemized deduction.

Is this what you meant or am I missing the point?

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In 2018 I refinanced my home to pay off my ex the equity in the house. The money was paid directly to my spouse out of escrow. Is this considered a cash out to me?

It is a cash-out refinance but is generally not a tax event. What it would change is your mortgage interest payment and therefore how much you can deduct , if you use itemized deduction.

Is this what you meant or am I missing the point?