Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving alimony or child support payments, you need to know how those payments ...
Editor’s Note: The 2017 Tax Act eliminated the deduction for alimony for tax years beginning after 2018, and provides that alimony and separate maintenance payments are no longer included in income of ...
Editor’s Note: The tax treatment of alimony was fundamentally altered by the 2017 tax reform legislation. For tax years beginning after 2018, alimony payments are not deductible by the payor spouse ...
In a split decision, the Ninth Circuit Court of Appeals reversed the Tax Court to hold that a taxpayer could not deduct as alimony the half-interest in his vested pension benefits he paid his ex-wife ...
The requirements that determine whether payments between ex-spouses qualify as alimony were discussed in a tax case in the November issue of the JofA (“ What Makes It Alimony? ” page 95) If payments ...
NEW YORK (AP) — Congress' giant tax overhaul is poised to reach virtually every corner of American life – even Splitsville. Republicans delivered their sweeping plan to an exultant President Donald ...