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April 27, 2022
Question

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

  • April 27, 2022
  • 1 reply
  • 0 views
My ex-spouse retained ownership of the residence. Do I now need to report the transfer as the sale of my principal residence?

    1 reply

    TurboTaxSusan
    May 12, 2022

    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)?