topic https://ttlc.intuit.com/replies/3387307 in Get your taxes done using TurboTax

Divorce settlement

melissa_key40 — Tue, 04 Jun 2019 20:32:45 GMT

I received $50,000.00 in a divorce settlement. Check was immediately deposited and $25,000.00 was used for the down payment of the purchase of a home. The remaining was used for the payment of joint credit cards, etc. Do I have to claim the entire $50,000.00 as additional income?

Generally settlements in divorce aren't taxable and aren'...

Lisa995 — Tue, 04 Jun 2019 20:32:47 GMT

Generally settlements in divorce aren't taxable and aren't reported on the tax return.
Was this money from a retirement account or something? Were you issued some type of tax reporting document?

No. This wasn't from a retirement account and nothing was...

melissa_key40 — Tue, 04 Jun 2019 20:32:49 GMT

No. This wasn't from a retirement account and nothing was issued. No tax reporting documents at all.

https://ttlc.intuit.com/replies/3387307

Lisa995 — Tue, 04 Jun 2019 20:32:53 GMT

https://ttlc.intuit.com/replies/3387307