You should consult with a certified public account regarding your taxation issues. Usually you cannot claim alimony as a deduction if you are filing as a married couple. In addition, lump sum alimony payments are not treated as taxable income when negotiated in an agreement. However you should carefully review the language in your agreement with a qualified family law attorney. Good luck.
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Attorney Reinert gave you outstanding advice, the devil is in the details in this question and the separation should discuss it, if not then please chat with you CPA, take care.
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By definition I believe Alimony is deductible and taxable to recipient
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