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2010 i was divorced and had to pay my ex $160,000 from the

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equiyt of the house. At...
2010 i was divorced and had to pay my ex $160,000 from the equiyt of the house. At the time of the divorce, there was no equity and still had to pay. This is a loss to me. Can i write the loss off and does the ex have to claim that income on her taxes ( which she hasnt).
Submitted: 6 years ago.Category: Tax
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11/1/2011
Tax Professional: CGCPA, CPA replied 6 years ago
CGCPA
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Category: Tax
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Experience: over 40 years experience in tax matters
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Welcome to Just Answer. I am here to help you resolve your tax and finance concerns. Please feel free to ask anytime you need extra help.

Your other question addresses the house loss issue. You are not permitted a deduction and your former spouse does not realize income from this. So, no she has nothing to report on her taxes.

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