Recent content by jodost

  1. J

    Is my lump sum payout from separation agreement tax deductible?

    I am preparing my taxes, and was wondering if I can deduct the $6,000 below. I know it's not taxable income for Ex-wife, but was wondering if I can deduct it on my taxes. Article II PROPERTY DIVISION G. Tax-Free Lump Sump Payment. Upon the acceptance of this Agreement by the Court...
  2. J

    Lump sum payment from separation agreement tax deductible?

    I am preparing my taxes, and was wondering if I can deduct the $6,000 below. I know it's not taxable income for Ex-wife, but was wondering if I can deduct it on my taxes. Article II PROPERTY DIVISION G. Tax-Free Lump Sump Payment. Upon the acceptance of this Agreement by the Court...
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