Searching for Can I Deduct Expenses From Child Support information? Find all needed info by using official links provided below.
https://www.avvo.com/legal-answers/am-i-legally-correct-to-deduct-from-child-support--175808.html
Am I legally correct to deduct from child support my ex wifes portion of medical expenses because she will not agree to pay. Ive always made support payments in full, on time. Med/dental/ortho/therapy are ordered to be shared expenses.My ex wife has always refused to share the expenses, which amount to approx 10000 (braces, dentist, etc).
https://www.thebalance.com/is-child-support-tax-deductible-3193029
And you can only claim a deduction for medical expenses in excess of 10% of your adjusted gross income (AGI) as of tax year 2019. Child Support in Arrears Child support and …
http://www.gordonfamilylaw.com/blog//can-i-deduct-my-travel-expenses-from-child-support
Feb 26, 2017 · Yes, parents who travel to visit with their children can deduct their travel expenses from child support under Family Code 4062. Travel expenses for visitation are one of the discretionary items that may be added to statutory formula support as additional support for the children.Location: 870 Market Street Suite 909, San Francisco, 94102, California
https://dadsdivorce.com/articles/tax-tips-can-i-deduct-child-support/
By Jennifer M. Paine. Michigan Divorce Lawyer. The simple answer to the tax question, “can I deduct child support?” is no.And forget about paying alimony, which is deductible, instead of child support.. The IRS can treat payments as child support despite what you call it if the payments are paid out as child support would be – during the child’s minority, in amounts that fluctuate with ...
https://info.legalzoom.com/amount-business-income-counts-toward-child-support-27097.html
If you don't claim any depreciation deductions, the income arrived at on your Schedule C after deducting business expenses is generally indicative of the income you have available for child support purposes. If you did take depreciation deductions, you must add them back to arrive at your income.
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