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Seven Key Things Women Need to Know About the Tax Implications ...


Nov 30, 2011 ... Now, it's time to specifically address the tax implications of alimony support payments. Child support payments or property settlements (i.e., ...

Rules of Alimony and Taxes | DivorceNet.com


If spouses follow certain rules, the IRS allows the paying spouse to deduct the alimony payments for tax reporting purposes. In turn, the recipient must report the  ...

Tax Topics - Topic 452 Alimony Paid - IRS.gov


Dec 30, 2015 ... Alimony Requirements. Amounts paid under divorce or separate maintenance decrees or written separation agreements entered into between ...

Alimony and Child Support – Tax Articles & Tax Tips – H&R Block®


There's a tax difference between alimony and child support payments. A person making qualified alimony payments can deduct them. Alimony payments ...

There is one tax break for divorcees - MarketWatch


Dec 16, 2013 ... What's needed for payments to an ex to qualify as tax-deductible. ... So if you'll be the recipient of alimony payments, you need to know that. ... For any payment ( whether it's a one-time payment or part of a series of payments) .... Medivation shareholders should be 'thrilled' about price of Pfizer...

Alimony Payments Affect Taxes | Bankrate.com


Feb 16, 2016 ... When the end of matrimony leads to the start of alimony payments, it will affect each parting partner when it's tax time.

10 Things You Need to Know About Divorce and Taxes | The ...


Nov 9, 2010 ... Here are ten tips to help you handle tax issues now that you are divorced. 1. ..... My divorce has taken a long time, we are still in the process (a ...

How Divorce and Separation May Affect Your Taxes - eFile


A life event such as separation or divorce has many tax implications. ... child lived with you for a longer period of time during the year than with your former spouse. ... During a divorce, it is important to carefully handle your retirement savings.

Taxes on Alimony: Who Pays Them?


Apr 3, 2014 ... Under federal tax law is: if you are receiving “qualifying” alimony payments, you must ... What will you owe the next time you file your tax return? ... how to deal with those payments when filing state and federal tax returns.

Don't Let Divorce Destroy You at Tax Time - AOL


Jul 23, 2012 ... Divorce is one of the hardest things you may ever go through -- both emotionally and financially. But while you're focused on your ...

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Is Alimony Always Tax Deductible to the Paying Spouse ...


Generally, the paying spouse deducts alimony payment from their taxes, but there ... time looking at different payment scenarios and how they play out tax- wise, ...

Divorce, Alimony, & Taxes: The Details - Rosen Law Firm


The spouse receiving the alimony payments must pay taxes on those payments .... is temporary alimony, there is less time to deal with complex tax calculations.

Here are 10 steps to take advantage of your alimony tax deduction


Oct 30, 2011 ... If you've endured the agony of a divorce—and more than 50 percent of Americans have—there's a good shot you're paying alimony.