Lump sum payments are generally not taxable, unless they are made to bring overdue periodic payments up…
lump sum alimony buyout
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Lump-sum payments of property made in a divorce are typically taxable. Consequently, Can you write off divorce…
No, an alimony buyout is not tax-deductible. Consequently, Are lump sum alimony payments deductible? You can only…
Property transfers incident to divorce are not taxable income to the recipient and, therefore, are not tax…