- 10 - Goldman v. Commissioner, 112 T.C. 317, 323 (1999), affd. sub nom. Schutter v. Commissioner, 242 F.3d 390 (10th Cir. 2000). Rather, the divorce or separation instrument contains a nonalimony designation if the substance of such a designation is reflected in the instrument. Id. The Court finds that petitioner’s divorce decree contains a nonalimony designation within the meaning of section 71(b)(1)(B). Thus, petitioner’s payment of $17,900 to Ms. Simpson was not alimony but rather a property settlement between the spouses. Respondent is sustained on this issue. Decision will be entered for respondent.Page: Previous 1 2 3 4 5 6 7 8 9 10
Last modified: May 25, 2011