Will I be taxed for money or property I receive in a PA divorce?
Yes, in some circumstances. Please see our article in the News & Articles section of this website regarding the tax consequences of child and spousal support, alimony pendente lite (APL), alimony, and equitable distribution orders. In 2017, changes to taxation of alimony has been enacted by the federal government that is expected to change the rules. Please contact your CPA or tax advisor for additional information.