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https://law.freeadvice.com/tax_law/income_tax_law/amt-income-adjustments.htm
General Income Tax Law Questions Filing Returns, Paying Tax Spousal Support / Child Support Audits Capital Assets Alternative Minimum Tax (AMT) Collection Deductions Dependents Gains and Losses IRA Mortgage Payments Pension, Benefits, Social Security Tax Evasion
https://www.wsj.com/livecoverage/tax-bill-2017/card/1513379555
Alimony deductions will be going away, but not as fast as many feared, if Congress passes the tax bill. Under current law, alimony payments are deductible by the payer and count as income to the ...
https://law.freeadvice.com/tax_law/income_tax_law/alternative_minimum_tax.htm
The alternative minimum tax (or the AMT) -- which is hitting a growing number of Americans--is a separate tax computation that, in effect, reduces the benefit of certain deductions and credits, thus creating a tax liability for an individual who would otherwise pay little or no tax.
https://www.lawyers.com/legal-info/family-law/spousal-support/tax-matters-for-alimony-and-maintenance-part-1.html
Tax Matters for Alimony and Maintenance - Part 1 . Under Internal Revenue Code(IRC) 71, alimony or separate maintenance payments, also commonly called "spousal support," are deductible by the payor spouse and must be included in the gross ... Alimony is deductible for purposes of the alternative minimum tax, which is an alternate way of ...
https://www.taxesforexpats.com/articles/expat-tax-rules/how-alimony-affects-your-taxes.html
The big difference between child support and alimony is how they are handled for taxes. How Are Tax Rules for Child Support Different? Child support payments do not follow the same rules as alimony for taxes. The receiving spouse does not have to report child support payments as income or pay taxes on child support.
https://www.divorcesource.com/ds/pennsylvania/tax-aspects-of-alimony-spousal-support-and-separate-maintenance-payments-3222.shtml
A collection of information on the tax aspects of alimony, spousal support and separate maintenance payments in Pennsylvania. Divorce Myths The 27 Most Common. X Close. ... Alimony payments are also deductible for purposes of the alternative minimum tax imposed by Section 55.
https://www.hrblock.com/tax-center/income/other-income/what-is-alternative-minimum-tax/
The Alternative Minimum Tax (AMT) began as a way to keep wealthy taxpayers from using deductions to avoid paying income tax. The AMT’s purpose is to ensure everyone pays a minimum amount of tax. However, Congress hasn’t updated the factors that determine who must pay the AMT. As a result, more middle-income people must pay the AMT ...
https://www.efile.com/tax/alternative-minimum-tax-amt/
The original purpose of the AMT was to target a small number of high-income taxpayers who claim many credits and deductions and end up owing little or no income tax. The Alternative Minium Tax was intended to keep the tax system as fair as possible and to ensure that all Americans pay at least a minimum amount of income taxes.
https://www.irs.gov/taxtopics/tc452
Jan 03, 2020 · Tax Treatment of Alimony and Separate Maintenance Amounts paid to a spouse or a former spouse under a divorce or separation instrument (including a divorce decree, a separate maintenance decree, or a written separation agreement) may be alimony or separate maintenance payments for federal tax purposes. ... Child support is never deductible and ...
https://turbotax.intuit.com/tax-tips/irs-tax-return/alternative-minimum-tax-common-questions/L50YotKHP
The Alternative Minimum Tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid paying taxes. But because it was not automatically updated for inflation, more middle-class taxpayers were getting hit with the AMT each year. Congress traditionally passed an annual "patch" to address this until, in January 2013, they passed a permanent patch to the AMT.
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