CALIFORNIA FAMILY LAW
...Income Tax Matters
......Community Property: Assets
.........Employment/Retirement Benefits
............Individual Retirement Accounts (IRAs)
2 Cards On This Topic:
  • Transfer of an interest in IRA to spouse or former spouse under a divorce or separation instrument is not a taxable transfer.
  • IRA distribution pursuant to divorce decree was not a taxable event; however, W’s cashing out her share to fund residence buy-out was.