This page presents an official legal definition of “lump sum spousal support” from a government source. Additional definitions will be added as jurisdictions publish them.
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Spousal support can be paid on a periodic basis, e.g., monthly amounts, or it can be paid in a lump sum, usually just one or a few payments. Lump sum payments are not tax deductible for the payor and are not treated as taxable income for the recipient.
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