Alimony

Alimony is included in gross income when it is received as periodic payments rather than a lump-sum payment which is excludable from income as a property settlement.

Resources

Internal Revenue Code

IRC §71 Alimony and Separate Maintenance Payments
IRC §215 Alimony, etc., Payments

Treasury Regulations

Treas. Reg. §1.71-1T Alimony and separate maintenance payments (temporary)

IRS Forms and Publications

Form 1040                              U.S. Individual Income Tax Return

Publication 504                Divorced or Separated Individuals

Tax Topic 406                  Alimony Received

Georgia Statutes

Ga. Code Ann. § 19-6-1 (2004)    Alimony defined

Georgia Case Law

Distinguishing periodic alimony from lump-sum alimony:

Winokur v. Winokur, 365 S.E.2d 94, 95 (Ga. 1988)
Dolvin v. Dolvin, 284 S.E.2d 254 (Ga. 1981)
Davenport v. Davenport, 255 S.E.2d 695 (Ga. 1979)

Defining temporary alimony:

Chatsworth Lumber Co. v. White, 107 S.E.2d 827, 828 (Ga. 1971)
Butler v. Hicks, 189 S.E.2d 416, 419 (Ga. 1972)

Federal Case Law

Distinguishing periodic alimony from lump-sum alimony:

Human v. Commissioner, T.C.M. 1998-65
Hopkinson v. Commissioner, T.C.M. 1999-154

Defining temporary alimony:

Stokes v. Commissioner, T.C.M. 1994-456