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https://www.worthtax.com/blog/alimony-tax-issues/
May 10, 2016 · What alimony tax issues apply when paying or receiving alimony? After all, divorce can be difficult enough. Add to it that divorced individuals may have to pay or receive alimony just complicates issue. If this is your situation, here are some tips for how to correctly treat the payments on your tax …
https://www.rudyfamilylaw.com/resources/entry/spousal-support/spousal-support-tax-issues
Mar 25, 2013 · Spousal Support Tax Issues. Divorce is a time of transition and change. Spouses move out of the marital residence, custodial schedules change, property is divided and spousal support orders are implemented by agreement or by Court order. Spousal support, as defined by the Internal Revenue Code, has tax implications for both the payor and the ...
https://www.cnbc.com/2018/02/04/loss-of-alimony-tax-break-may-pose-problems-for-divorcing-couples.html
Feb 04, 2018 · Loss of alimony tax break in GOP bill may add to the financial pain of divorce. ... Many couples will be rushing to get their divorces finalized in 2018, to avoid the new tax issues, ...Author: Annie Nova
https://www.kearney-law.com/important-changes-spousal-support-new-2018-tax-law/
Jan 08, 2018 · The new federal tax bill passed by a Republican Congress and signed into law by President Trump has many implications beyond lowering individual and corporate tax rates, and one of the most significant – if not the most significant – aspect of the new bill is in how spousal support (or alimony) payments are treated with regard to both the paying spouse and the receiving spouse.
https://www.familylegalhelp.com/practice-areas/divorce/spousal-support/
Tax issues Marital dissolution imposes new tax considerations and rules that we must account for during mediation or collaborative sessions with the opposing counsel/party. The year 2018 is the final year that the spouse paying support deducts the amount of spousal support from income and the recipient of the support claims the amount as ...
https://klasing-associates.com/question/child-spousal-support-payments/
Apr 27, 2017 · The Differences between Spousal Support and Child Support Payments. As defined in Section 71(b) of the U.S Tax Code, alimony and spousal support payments are generally deductible from the gross income of the party making the payments if very specific requirements are met under the Internal Revenue Code.
https://news.bloombergtax.com/daily-tax-report/insight-how-alimony-is-affected-by-the-new-tax-law
Aug 08, 2019 · The 2017 tax law made changes to the treatment of alimony, the dependency exemption, and the child tax credit. Bob Boyd of Boyd Collar Nolen Tuggle & Roddenbery and Beth Garrett of Frazier & Deeter show how these changes are affecting divorce settlements and …
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://www.marketwatch.com/story/new-tax-law-eliminates-alimony-deductions-but-not-for-everybody-2018-01-23
Jan 29, 2019 · Before the new Tax Cuts and Jobs Act (TCJA), payments that met the tax-law definition of alimony could always be deducted by the payer for federal income tax purposes. And recipients of …
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