Level 4

Question

Is there any affect on income taxes for paying off exhusband for marital home?

Forum|Forum|9 days ago
September 23, 2026
10 replies
109 views

I’m getting a divorce & want to buy out the ex for his part of the marital home. Will there be any tax consequences for doing this?

S

sharmoren0112Author

Level 4

I don’t think here will be a tax consequence for tax year 2026 but please let me know if you think there will be. Thank you!

qbteachmt

Level 15

I think you are asking for taxpayer advice for yourself, and not advising a client using the Intuit Tax Advisor software.

Intuit’s taxpayer advice community is part of their TurboTax community, your log in here works there:

https://ttlc.intuit.com/community

Don't yell at us; we're volunteers

Kathi_at_Intuit

Moderator

Hi @sharmoren0112 thanks for posting in the Community! We noticed that your post was in the wrong forum. We have moved it to ProSeries so it will have better visibility for the product you are using.

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T

Terry53029

Intuit Community Champion

Is it part of the divorce degree or less than one year after divorice final

sjrcpa

Level 15

Does it matter?

The more I know the more I don’t know.

sjrcpa

Level 15

No tax effect from transfers incident to divorce. You retain the original basis of the home. No increase for your buy out.

The more I know the more I don’t know.

T

Terry53029

Intuit Community Champion

@sjrcpa here is a good article from The Tax Advisor you may want to read as time does matter

sjrcpa

Level 15

@Terry53029 There is no link

The more I know the more I don’t know.

sjrcpa

Level 15

IRC 1041(c)incident to divorce.

For purposes of subsection (a)(2), a transfer of property is incident to the divorce if such transfer--

(1) occurs within 1 year after the date on which the marriage ceases, or

(2) is related to the cessation of the marriage.

OP is not even divorced yet.

The more I know the more I don’t know.

IRC 1041(c)incident to divorce.

(1) occurs within 1 year after the date on which the marriage ceases, or

(2) is related to the cessation of the marriage.

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