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I get a divorce settlement and was told that since my ex

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paid taxes on it that...
I get a divorce settlement and was told that since my ex paid taxes on it that I would not have to . Is this true and if so do I declare it on my taxes
Submitted: 2 years ago.Category: Tax
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Answered in 4 minutes by:
1/4/2016
Tax Professional: Stephen G., Sr Income Tax Expert replied 2 years ago
Stephen G.
Stephen G., Sr Income Tax Expert
Category: Tax
Satisfied Customers: 7,245
Experience: Extensive Experience with Tax, Financial & Estate Issues
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Are you talking about a property settlement, or is there some sort of sale of property involved?

Does the money or property you received include any Alimony? If so, that would be spelled out in your written Settlement Agreement.

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