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I wanted to know if my divorce settlement is taxed?

Posted 20 August 2013

Hi, I got divorced last year and I got 50% of his money since we were married in community of property. When I went to claim it I was told I had to pay tax on it, but I never got any paper document of the amount to be taxed, I only got the IT150 paper.

TaxTim TaxTim says:
20 August 2013 at 23:09

Who told you that the amount would be taxed? Divorce settlements are not subject to tax.

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