TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Divorce Settlement

November 10, 2009

Today TaxMama hears from Misty in Missouri who wants validation. “I received a settlement in my divorce for half the equity in our home. It was $15,000. I think in reading this is not going to be taxable. Is that correct? I’m keeping my fingers cr