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I got divorced in 2016 and had to pay a $6000.00 settlement to my Ex is that deductible from my income?

 
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Phillip1
New Member

I got divorced in 2016 and had to pay a $6000.00 settlement to my Ex is that deductible from my income?

Not unless the settlement agreement was classified as alimony.

Most divorce settlements consist of nontaxable and nondeductible property settlement or child support. The one item that can be deducted by the payer is alimony.

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