What is the name of your state? Tn
I was divorced in June of 2002 and recieved a lump settlement in lieu of alimony, or to buy out my half of the house, whichever works better for tax purposes. The amount was about $8500.
Do I just claim this under income?
I also moved with my four children and went back to college. I have received student loans which I used for rent. How does this figure? If I understand correctly, the grants that I have received are deductable up to the amount used for tuition, and books.
I was divorced in June of 2002 and recieved a lump settlement in lieu of alimony, or to buy out my half of the house, whichever works better for tax purposes. The amount was about $8500.
Do I just claim this under income?
I also moved with my four children and went back to college. I have received student loans which I used for rent. How does this figure? If I understand correctly, the grants that I have received are deductable up to the amount used for tuition, and books.