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null311
New Member

Should I list the sales amount and expenses of my divorce sale property in halfs, because I only got half? Or do the real amounts, and some how claim half at the end?

 
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MinhT
Expert Alumni

Should I list the sales amount and expenses of my divorce sale property in halfs, because I only got half? Or do the real amounts, and some how claim half at the end?

If you own and sold 50% of the property, you describe the property as 50% share in [property] and report 50% of everything (cost basis, sale price, selling expenses...).

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MinhT
Expert Alumni

Should I list the sales amount and expenses of my divorce sale property in halfs, because I only got half? Or do the real amounts, and some how claim half at the end?

If you own and sold 50% of the property, you describe the property as 50% share in [property] and report 50% of everything (cost basis, sale price, selling expenses...).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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