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https://www.dissolutionanddivorce.com/tax-reform-passage-brings-overhaul-of-spousal/
Tax Reform And Spousal Support: What You Need to Know in Ohio If you are currently involved in a divorce or thinking about one, and a possible issue between you and your partner is likely to be spousal support (“alimony”), pay close attention to the new federal law on the subject.
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.
https://ohioexecutivedivorce.com/blog/time-to-split-your-divorce-under-the-new-2019-tax-act-law/
The child credit is increasing from $1000 to $2000 per child for those making up to $400k—raised from the previous cap of $110k. The act also introduces major changes to the way spousal support is taxed. No Spousal Support Deduction Starting January 2019. Although spousal support has been historically a tricky area of law to understand.
http://woodlongfamilylaw.com/spousal-support-new-tax-law/
Jan 03, 2018 · No Longer a Tax Deduction The new tax laws enacted by Congress have changed the way spousal support (alimony) is treated. Beginning January 1, 2019, it will no longer be a tax deduction for the payor. The law applies only to spousal support obligations arising from court orders and agreements made after December 31, 2018. ... Read more Spousal Support & The New Tax Law
http://codes.ohio.gov/orc/3121.441v1
3121.441 Direct spousal support payments. (A) Notwithstanding the provisions of this chapter, Chapters 3119., 3123., and 3125., and sections 3770.071 and 5107.20 of the Revised Code providing for the office of child support in the department of job and family services to collect, withhold, or deduct spousal support, when a court pursuant to section 3105.18 or 3105.65 of the Revised Code issues ...
https://jfs.ohio.gov/Ocs/employers/IncomeWithholding_Overview.stm
Income withholding by employers is the single most effective method of child support collection. During state fiscal year 2002, 74% of all child support collections in Ohio came from income withholding. Income withholding is just like any other automatic payroll deduction, such as withholding for Social Security or state income taxes.
https://www.divorcenet.com/resources/divorce/spousal-support/understanding-and-calculating-alimony-oh
New Tax Laws on Support. When couples negotiate spousal support, a primary concern for both parties is how the Internal Revenue Service (IRS) will treat the award. In cases settled before December 31, 2018, the IRS permitted the paying spouse to claim payments as a tax-deduction and required the recipient to report the payments as income.Author: Melissa Heinig
https://www.hcmmlaw.com/blog/2019/01/26/alimony-new-tax-law-divorce/
Jan 26, 2019 · Existing Alimony Deduction Repealed Under New Tax Law. Under Ohio divorce decrees, alimony (spousal support) payments have been typically deductible to the payor and taxable to the recipient. The income tax treatment of these payments has been a significant factor in negotiating the amount of alimony.
https://forum.freeadvice.com/threads/spousal-support-ohio.242780/
Jun 22, 2005 · - 5 years Spousal support (10 year marriage), Ohio averages 1/3 term of marriage - $9,000 per month spousal support - 100% of my 401K - 50% of equity in house, - wifes name to be put on my daughters 529K,which I just started, for joint decision making as to its usage - alternate chicl tax deduction
http://codes.ohio.gov/orc/3105.18
3105.18 Awarding spousal support - modification of spousal support. (A) As used in this section, "spousal support" means any payment or payments to be made to a spouse or former spouse, or to a third party for the benefit of a spouse or a former spouse, that is both for sustenance and for support of the spouse or former spouse.
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