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Feb 26, 2013 ... NEW YORK (MainStreet) — If you are paying alimony you may be able to claim an “above-the-line” deduction on your 2012 Form 1040.


Nov 30, 2011 ... ... alimony reform and Alimony and Maintenance Trusts. Now, it's time to specifically address the tax implications of alimony support payments.


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.


Apr 14, 2017 ... Tax Treatment of Alimony. Amounts paid to a spouse or a former spouse under a divorce or separation instrument (including a divorce decree, ...


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  ...


Learn the ins and outs of alimony and taxes, whether you're receiving or paying ... time looking at different payment scenarios and how they play out tax-wise, ...


Nov 8, 2016 ... The recapture rule adds the amount of your deducted alimony back to your taxable income in future tax years, at which time it becomes taxable.


Feb 10, 2017 ... When the end of matrimony leads to the start of alimony payments, it will affect each parting partner when it's tax time.


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.


How can I request tax forms and publications? ... Consequently, we treat alimony payments between RDPs the same as alimony payments between spouses.