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The taxes for the earlier 12 months are assessed on January 2 and are due on May 31 and November 30. If your personal home is transferred to you from your spouse, or out of your former spouse as a outcome of a divorce, your basis is similar as your partner’s (or former partner’s) adjusted foundation Law News just before the switch. 504, Divorced or Separated Individuals, totally discusses transfers between spouses. There are two strategies for figuring the credit you can have claimed. Under one method, you figure the actual credit that might …