The petitioner divorced her husband. Later the ex-couple agreed to modify their divorce settlement whereby the petitioner transferred property to her ex-husband in satisfaction of the petitioner's alimony obligation. The petitioner claimed a deductible loss on the transfer. The IRS disallowed the loss and the court agreed. The loss wasn't deductible because the transfer was incident to a divorce, and the transfer was not deductible as alimony because it was not in the form of cash or its equivalent. Mehriary v. Comr., T.C. Memo. 2015-126.