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mtejspa1n
New Member

My ex-husband and I sold a home in 2016 while still married. Neither of us qualify for a gain or loss. Am I entitled to deduct 1/2 of the closing costs for the sale? I did not receive a 1098 and do not know if he did.

 
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DS30
New Member

My ex-husband and I sold a home in 2016 while still married. Neither of us qualify for a gain or loss. Am I entitled to deduct 1/2 of the closing costs for the sale? I did not receive a 1098 and do not know if he did.

Yes you can deduct your share of the eligible closing costs on your individual tax return.

The only closing costs that may be deductible as a seller of a house (if you are itemizing your deductions) would be amounts you paid at closing for any county or city taxes (additional property taxes), loan origination fees or loan discounts and prorated mortgage interest (if not included on your Form 1098 from your mortgage lender).


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1 Reply
DS30
New Member

My ex-husband and I sold a home in 2016 while still married. Neither of us qualify for a gain or loss. Am I entitled to deduct 1/2 of the closing costs for the sale? I did not receive a 1098 and do not know if he did.

Yes you can deduct your share of the eligible closing costs on your individual tax return.

The only closing costs that may be deductible as a seller of a house (if you are itemizing your deductions) would be amounts you paid at closing for any county or city taxes (additional property taxes), loan origination fees or loan discounts and prorated mortgage interest (if not included on your Form 1098 from your mortgage lender).


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