Do you have to claim and pay taxes on an equity settlement from a divorce judgement?

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This is a settlement from the joint property equity in the estate as set by the court

2007-11-10 02:33:52 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

No, that is merely a division of the marital estate. It's already your money, you're simply splitting it between yourselves.

2007-11-10 02:39:18 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 1⤋

No, it's already your money.

2007-11-10 02:36:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋