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New Member
posted Apr 26, 2022 9:26:44 PM

Does the transfer of a principal residence due to a divorce settlement need to be reported as the sale of a principal residence?

My ex-spouse retained ownership of the residence. Do I now need to report the transfer as the sale of my principal residence?

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Moderator
May 12, 2022 4:59:18 PM

Yes, you would. This TurboTax FAQ tells you how to report the sale of your home (principal residence): How do I report the sale of my home (principal residence)?