Searching for Can You Deduct Child Support Payments On Your Tax Return information? Find all needed info by using official links provided below.
https://www.hrblock.com/tax-center/filing/adjustments-and-deductions/child-support-and-dependents/
Answer. There is not a child support tax deduction available. Instead, the amount of child support you provide usually doesn’t matter. To qualify as a dependent, the child must not provide more than half of his or her own support for the year. The child must live with you more than half of the year.
https://www.thebalance.com/is-child-support-tax-deductible-3193029
Because child support was not considered alimony, the person paying child support could not deduct child support payments as part of any other tax deduction. But that was then, and this is now. No More Confusion
https://www.sapling.com/7607028/claim-support-federal-tax-return
The IRS treats alimony differently from child support -- it's tax deductible if you pay it and your ex must claim it as income when she receives it. If the wording of your agreement is ambiguous, the IRS can treat all your payments as child support.
https://blogs.findlaw.com/law_and_life/2011/08/can-i-deduct-child-support-on-my-taxes.html
For federal tax purposes, if you pay child support, it is not deductible on your federal tax return. And, if you receive child support, you also do not report the child support as income on your tax return.
https://www.irs.gov/faqs/filing-requirements-status-dependents/dependents/dependents-6
Jan 03, 2020 · Answer. No and maybe. Child support payments are neither deductible by the payer nor taxable income to the recipient, and the payer of child support may be able to claim the child as a dependent: The parent with whom the child lived for the greater part of the year is the custodial parent for federal income tax purposes.
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