BobKamman
Level 15

Were two checks issued, or just one?  If two checks, the 1099 issuer should provide separate forms.  Why is it needed anyway -- was it not the primary residence for both, or were the proceeds more than $500K?  

I would add to basis the half paid to the sister.  See my forthcoming treatise in 10 volumes, "How To Trick The IRS Computer."

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