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I had to pay my ex a lump sum of $8,000 instead of alimony. Is this deductible?
It is stated in my divorce settlement that he pays taxes on it and I deduct it.
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I had to pay my ex a lump sum of $8,000 instead of alimony. Is this deductible?
Alimony is deductible by the payer spouse, and the recipient
spouse must include it in income.
Please use this IRS link to assist you more if needed
https://www.irs.gov/taxtopics/tc452.html