jennigb524
Junior Member
What is the name of your state? NC
A friend of mine is letting his soon to be ex wife buy his half of their home. She is supposed to pay him about $20,000 by the end of this year. Will he have to pay taxes on this since it's in a divorce agreement. Thanks for any help in advance.
A friend of mine is letting his soon to be ex wife buy his half of their home. She is supposed to pay him about $20,000 by the end of this year. Will he have to pay taxes on this since it's in a divorce agreement. Thanks for any help in advance.