You'll need to sign in or create an account to connect with an expert.
Property (or cash) received in a divorce settlement is not taxable. It is not entered on your tax return.
Alimony received is taxable. Alimony paid is tax deductible.
Property (or cash) received in a divorce settlement is not taxable. It is not entered on your tax return.
Alimony received is taxable. Alimony paid is tax deductible.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
debbiecply
Level 1
StevenFff24
Returning Member
ndow
Level 1
mc135
New Member
orangeram06
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.