turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tax on bonus distribution

In a divorce agreement, my ex pays me 50% of his yearly bonus after he pays taxes on it. This amount varies each year, so it is not in our alimony or child support calculations. It is just a payout. He pays taxes on his bonus. So after taxes he might get a bonus amount of 50,000. He writes me a check for 25,000.  What do I need to do on my tax return?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DavidD66
Expert Alumni

tax on bonus distribution

You do not need to report anything regarding the payment on your tax return.   

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

tax on bonus distribution

Is this because he already paid taxes on it? 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies