Have a Tax Question? Ask a Tax Expert
If your husband must make the payment directly to you as alimony (not through a qualified domestic relation order (QDRO) then you are only required to report the alimony as income which would not mean any additional tax for you. You would just report as income and pay tax on the portion of your total income that is taxable. His tax on the distribution is not attached to you also.
If you are under QDRO for the amount paid to you and you receive your own 1099R then your 1099R would show your distribution and as long as you are over 59 1/2 you would not have a 10% penalty. This is on the continuing payments because the initial distribution to you through the QDRO would not have an additional penalty.
I know rating takes an additional step and I truly appreciate it when you take the extra time!You have to actively click on a rating (OK or Better) and click submit. Smiley Faces or Stars.When you actively click on a rating and click submit, that lets Just Answer know you were assisted and credits me for the time.
After you view my response, please post below
Now that you viewed my response, please post below if you need more information, I’ll be happy to respond. Thank you!