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https://www.irs.gov/taxtopics/tc452
Jan 03, 2020 · Child support is never deductible and isn't considered income. Additionally, if a divorce or separation instrument provides for alimony and child support, and the payer spouse pays less than the total required, the payments apply to child support first. Only the remaining amount is considered alimony. Reporting Taxable Alimony or Separate ...
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/support-payments.html
The following information will help you determine if the support payments that you paid or received are considered support payments and if they should be included or deducted from your income on your tax return. If you do not have a court order or written agreement, the payments are not subject to ...
https://www.maplesfamilylaw.com/divorce/spousal-support-payments-in-2019/
This means that the spousal support recipient (“Payee”) treats those support payments as taxable income (since the support payments constitute income pursuant to the Tax Code. On the other side of the spectrum, the person making the spousal support payments (“Payor”) treats …
https://www.marketwatch.com/story/new-tax-law-eliminates-alimony-deductions-but-not-for-everybody-2018-01-23
Jan 29, 2019 · Payment recipients must include alimony payments that are required by divorce agreements executed before 2019 in their taxable income. So this is a continuation of business as usual.
https://family-law.freeadvice.com/family-law/spousal_support/support_payments_tax.htm
Alimony or spousal support payments are tax deductible by the payer and taxable income to the supported spouse on separation or divorce agreements signed before 2019. Beginning in 2019, under the 2017 Tax Cuts and Jobs Act, there are new rules: there is no tax deduction for the payer for alimony payments and recipients of the payments will no ...
https://www.investopedia.com/articles/tax/10/spousal-support-taxation.asp
This form of spousal support is specifically designated to benefit any children of the ex-spouse. Child support is not deductible by the payor or reported as taxable income by the recipient.
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/p102/support-payments.html
If you are reporting taxable support payments, ... Gene has to pay Diane $1,000 per month for their 2 children, and $500 per month in spousal support. Monthly support payments of $1,500 began in January, making a total support payments amount of $18,000 for 2019.
https://stepstojustice.ca/questions/family-law/how-spousal-support-taxed
Nov 30, 2017 · The tax rules are different for spousal support and child support. You receive spousal support If you receive monthly spousal support, you must pay income tax on the total support you receive each year. And, you can claim a tax deduction on legal fees spent to get monthly spousal support. But, if you receive all of your spousal support at once in a lump-sum payment, you do not pay income tax ...
https://turbotax.intuit.ca/tips/the-tax-treatment-of-support-payments-2-5091
Aug 30, 2016 · It is important to know the difference in tax treatment whether you are making or are the recipient of support payments. There are two types of support payments: child support and spousal support. While child support is generally considered non-taxable, spousal support is fully taxable in the hands of the recipient. To claim support payments,
https://divorceandyourmoney.com/blogs/is-alimony-taxable/
You can make payments to a third party on behalf of an ex-spouse and qualify for spousal support. For example, payments for medical expenses, taxes, and tuition can still qualify as spousal support. Payments must be made in cash, so transferring property or providing a service for payment does not count as spousal support in the eyes of the IRS.
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