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February 5, 2022
Question

Can divorce settlements paid in cash be taxed?

  • February 5, 2022
  • 1 reply
  • 0 views
I received a divorce cash settlement decreed by the court from the sell of our home is that payment taxable?

1 reply

Employee
February 5, 2022

No. Such settlements as part of a divorce are not taxed or reported. 

2447Author
February 5, 2022

Thanks!