Most likely, you'll receive a tax reporting document, such as a 1099-MISC (or some other) around the first week of Feb. Only then will you know if it's taxable and how to report it. Otherwise, you'll have to seek the advice of your attorney that dealt with the settlement. This public user-to-user forum is not the proper place to ask questions like this, as no two divorces are the same, and things are "usually" spelled out in the final decree. If they're not, then you have to seek the advice of a legal professional that you can hold legally liable and culpable for the advice they give.
