Do I report the money I received as part of a marriage separation agreement? The date of separation was 2016, the payment was in 2017. Is this considered income?

janetmariehodges · ‎October 30, 2019

TurboTaxSusan · ‎October 30, 2019

If the money you received is considered for “equalization of matrimonial property” or if it was for support, then would not be taxable or tax deductible. However, it would be best to consult with CRA on this issue. Phone: 1-800-959-8281 (Canada and United States)

Do I report the money I received as part of a marriage separation agreement? The date of separation was 2016, the payment was in 2017. Is this considered income?

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