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dbonner1
New Member

**Tax Year 2018 or earlier** Divorce settlement income

I paid my exwife $50K for a divorce settlement on our house in cash. does she need to claim this on her taxes as income?

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KenH1
New Member

**Tax Year 2018 or earlier** Divorce settlement income

Not if it was a for a division of assets.  

Spousal maintenance (alimony) is deductible for the payer and taxable income to the payee.

Child support is neither taxable or deductible.

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1 Reply
KenH1
New Member

**Tax Year 2018 or earlier** Divorce settlement income

Not if it was a for a division of assets.  

Spousal maintenance (alimony) is deductible for the payer and taxable income to the payee.

Child support is neither taxable or deductible.

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